14 Facts About Sergio Ermotti

Sergio Ermotti was the chief executive officer of UBS Group AG from November 2011 to October 2020 and regained that position in 2023.

Sergio Ermotti is a board member of the Institute of International Finance.

Sergio Ermotti took over as Group CEO at UBS after the 2011 rogue trader scandal, implementing strict corporate policies governing community standards.

Sergio Ermotti initiated a major restructuring of the bank, redefining strategy, putting wealth management and Swiss business at its centre, alongside asset management and a more focused and capital-light investment banking.

Sergio Pietro Ermotti was born on 11 May 1960 in Lugano, Switzerland, an Italian-speaking city.

Sergio Ermotti received a Swiss federal banking expert diploma and, later in his banking career, attended the Advanced Management Program at Oxford University.

In 1986, Sergio Ermotti moved to Citibank in Zurich where he traded equity-linked products and later served as its Resident Vice President.

Sergio Ermotti started with holding various positions in equity derivatives and capital markets, and contributed to the expansion of the capital market business of the bank in Switzerland.

Sergio Ermotti was appointed chairman and chief executive of UBS's Europe, Middle East and Africa group, and became a member of the Group Executive Board in April 2011.

Sergio Ermotti was appointed interim Group CEO in September 2011 and permanently in November 2011.

Sergio Ermotti was a member of the board at the London Stock Exchange between October 2007 and July 2013.

When UBS AG was converted into a holding company in 2014, Sergio Ermotti was elected Group CEO of UBS Group AG.

Sergio Ermotti owns a villa in Montagnola and a holiday home in Engadin.

Sergio Ermotti was challenged by Marc Walder, CEO of Swiss media company Ringier, and Gianluigi Bianchi, managing partner for Europe of Wealth-X, to undertake the ALS Ice Bucket Challenge.