Finance
UBS parts with chief tech officer, promises 'smooth' integration process
Published by Global Banking and Finance Review
Posted on December 15, 2025
2 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 15, 2025
2 min readLast updated: January 20, 2026
UBS CTO Mike Dargan exits as the bank reorganizes for a smooth Credit Suisse integration, with Beatriz Martin taking over technology oversight.
BERLIN, Dec 15 (Reuters) - UBS' chief operations and technology officer, Mike Dargan, will leave the Swiss bank at the end of the month, the company said on Monday, as it reorganises the board to ensure smooth completion of its Credit Suisse integration process.
In future, the group technology function will report to incoming COO Beatriz Martin, who takes up the role from January 1, the bank said in a statement.
This "will support smooth end-to-end operations, prioritise initiatives related to technology and artificial intelligence, and ensure a smooth completion of the remaining technology integration process", it added.
Last month, sources told Reuters that UBS was delaying the migration of some super-rich Credit Suisse clients to its own platforms by several months, in what would be a rare setback following UBS' 2023 emergency takeover of the lender.
Dargan is set to move from UBS to the helm of online bank N26, where he will take over as chief executive officer in April 2026 pending regulatory approval, the German company said on Monday.
Chris Gelvin will serve as interim head of group technology at UBS, in addition to his current role as chief operating officer at group technology, pending the appointment of a permanent replacement for Dargan, UBS said.
(Reporting by Rachel MoreEditing by Tomasz Janowski)
A Chief Technology Officer (CTO) is an executive responsible for overseeing the development and correct application of technology within an organization, ensuring that technology aligns with business goals.
An integration process in banking refers to the systematic approach of combining different systems, processes, or organizations to operate as a unified entity, often following mergers or acquisitions.
Artificial intelligence in finance refers to the use of algorithms and software to analyze data, automate processes, and enhance decision-making in financial services.
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