Swiss bank UBS reshuffles executive board, splitting wealth management role between Rob Karofsky and Iqbal Khan.
Swiss bank UBS reshuffles executive board, splitting wealth management role between Rob Karofsky and Iqbal Khan. The change aims to increase chances of an internal candidate replacing CEO Sergio Ermotti, who plans to step down in 2026-2027 after Credit Suisse integration. Other executives affected include Andrea Orcel and Kirt Gardner. The appointments of Karofsky and Khan signal a focus on key markets in the Americas and Asia.
May 30, 2024
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