UBS selects internal candidates for potential CEO succession to Sergio Ermotti in 3 years.

UBS has decided against appointing an external candidate as CEO successor to Sergio Ermotti, who is expected to step down in 3 years. The Swiss bank will choose from a shortlist of three internal candidates, possibly including Iqbal Khan, Robert Karofsky, Beatriz Martin, and Sabine Keller-Busse. UBS may reveal the potential successors at next year's annual meeting, according to the Financial Times.