Sergio Ermotti
Chief Executive Officer at UBS GROUP AG
Net worth: 42 M $ as of 30/08/2024
Profile
Sergio P. Ermotti (born on 11 May 1960 in Lugano, Switzerland) is a Swiss banker from Lugano, Switzerland. He is Group CEO of UBS since November 2011, having held the position of Group Chief Executive Officer on an interim basis since September 2011. .
Personal life
Sergio P. Ermotti was born on May 11, 1960. He left school at age 15, deciding to follow in the footsteps of his father, he began his career as a young apprentice at the Corner Bank in Lugano.
Career
After his apprenticeship as a stockbroker at the Corner Bank, Ermotti was later promoted to trading. Ermotti earned a diploma as a Swiss Federal Banking Certified Expert and a degree in the Advanced Management Program at Oxford University.
In 1985, Ermotti moved to Citibank where he traded equity-linked products and later served as its Resident Vice President. He later went on to Merrill Lynch in 1987, holding various positions in equity derivatives and capital markets. Between 2001 and 2003, he served as co-Head of Global Equity Markets and as a member of the Executive Management Committee for Global Markets & Investment Banking at Merrill Lynch.
He joined UniCredit in December 2005 as Head of Markets & Investment Banking. From 2007 to 2010, he was UniCredit’s Deputy Chief Executive Officer with responsibility for the strategic business area, Corporate and Investment Banking and Private Banking.
Sergio P. Ermotti was appointed Chairman and CEO of UBS's Europe, Middle East, and Africa group and became a member of the Group Executive Board in April 2011. He was appointed interim Group CEO of UBS beginning in September 24, 2011 before being given this post permanently on November 15, 2011. Sergio Ermotti was a member of the Board at the London Stock Exchange between September 2008 and July 2013.
Other Activities
He owns a stake in the leisure industry group Tessal which owns four luxury hotels in Lugano that it is renovating. Ermotti presided over the regional carrier Darwin that flies between Zurich and Lugano on behalf of Swiss International Air Lines between 2007 and 2012.
Ermotti is a contributor to the LinkedIn Influencers Program, for which he writes about the global economy.
Sergio Ermotti is Chairman of the Fondazione Ermotti and board member of the Fondazione Lugano per il Polo Culturale, both located in Lugano.
Charity
Sergio Ermotti was challenged by Marc Walder, Chief Executive Officer of Swiss media company Ringier and Gianluigi Bianchi, Managing Partner for Europe of Wealth-X to undertake the ALS Ice Bucket Challenge.
Source @ Wikipedia
Known holdings in public companies
Company | Date | Number of shares | Valuation | Valuation date |
---|---|---|---|---|
UBS GROUP AG
0.04% | 30/12/2023 | 1,220,864 ( 0.04% ) | 38 M $ | 30/08/2024 |
SWISS RE AG
0.01% | 30/12/2022 | 31,203 ( 0.01% ) | 4 M $ | 30/08/2024 |
Latest news about Sergio Ermotti
Sergio Ermotti active positions
Companies | Position | Start |
---|---|---|
UBS | Chief Executive Officer | 04/04/2023 |
ERMENEGILDO ZEGNA N.V. | Director/Board Member | 16/12/2021 |
UBS GROUP AG | Chief Executive Officer | 04/04/2023 |
Innosuisse - Swiss Innovation Agency
Innosuisse - Swiss Innovation Agency Advertising/Marketing ServicesCommercial Services Innosuisse - Swiss Innovation Agency is a company based in Bern, Switzerland. Innosuisse is the Swiss agency for innovation promotion. The private company promotes science-based innovation for the benefit of the economy and society in Switzerland. The CEO of the company is Annalise Eggimann. | Director/Board Member | - |
The Financial Services Forum
The Financial Services Forum Finance/Rental/LeasingFinance The Financial Services Forum provides financial services. The non-profit company is based in Washington. The American company was founded by Keith Anderson Carby. | Director/Board Member | - |
Schweizerische Rückversicherungs-Gesellschaft AG
Schweizerische Rückversicherungs-Gesellschaft AG Insurance Brokers/ServicesFinance Schweizerische Rückversicherungs-Gesellschaft AG provides reinsurance, insurance, and risk management solutions. The firm focuses on the property and casualty, life and health, and asset management sectors. The company was founded on May 1, 1883 and is headquartered in Zurich, Switzerland. | Chairman | - |
The Institute of International Finance, Inc.
The Institute of International Finance, Inc. Miscellaneous Commercial ServicesCommercial Services The Institute of International Finance, Inc. operates as a financial institute. The company's members include commercial and investment banks, insurance companies, and investment management firms. It provides stocks, bonds, mutual & financial funds, and other investments services. The company was founded in 1983 and is headquartered in Washington, DC. | Director/Board Member | - |
Centro Stampa Ticino SA | Director/Board Member | - |
Fondazione Ermotti | Chairman | - |
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Former positions of Sergio Ermotti
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Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 6 |
---|---|
BANK PEKAO, S.A. | Finance |
UBS GROUP AG | Finance |
LONDON STOCK EXCHANGE GROUP PLC | Technology Services |
UNICREDIT S.P.A. | Finance |
SWISS RE LTD | Finance |
ERMENEGILDO ZEGNA N.V. | Consumer Non-Durables |
Private companies | 32 |
---|---|
UniCredit Bank Austria AG
UniCredit Bank Austria AG Major BanksFinance UniCredit Bank Austria AG provides banking and financial services to private and corporate clients. Its products and services include current accounts and credit cards, payments processing, savings and investments, foreign exchange hedging, loans and home financing, real estate financing, pension and insurance, cross border account opening and cash management. The company was founded in 1855 and is headquartered in Vienna, Austria. | Finance |
UniCredit Bank GmbH
UniCredit Bank GmbH Regional BanksFinance UniCredit Bank AG provides banking services. It offers banking and financial products to corporate as well as public and private sector clients. The company operates through three segments: Commercial Banking, Corporate & Investment Banking and Other/Consolidation. The Commercial Banking segment offers consumer loans, mortgage loans, savings-and-loan and insurance products and banking services for retail customers. The corporate & Investment Banking segment operates through three divisions HVB, UniCredit Bank Austria AG and UniCredit spa. The other/consolidation segment encompasses the chief operating office business unit, activities of the group corporate center business unit and consolidation effects. The company was founded on July 1, 1869 and is headquartered in Munich, Germany. | Finance |
Darwin Airline SA
Darwin Airline SA AirlinesTransportation Darwin Airline SA provides air transportation services. The company is based in Agno, Switzerland. Darwin Airline was acquired by Adria Airways Slovenski Letalski Prevoznik doo on July 20, 2017. | Transportation |
Enterra SA | |
Fidinam Group Holding SA
Fidinam Group Holding SA Financial ConglomeratesFinance Part of The Group Fidinam, Fidinam Group Holding SA functions as an investment holding Swiss company. The company is based in Lugano, Switzerland. The company was founded in 1960. The CEO is Roberto Grassi. | Finance |
Hotel Residence Principe Leopoldo SA | |
Kurhaus Cademario SA | |
Leopoldo Hotels & Restaurants SA | |
Tessal SA | |
Institut International d'Etudes Bancaires | |
Merrill Lynch International
Merrill Lynch International Investment Banks/BrokersFinance Merrill Lynch International (MLI-UK) is a brokerage firm headquartered in London, UK. The firm was founded in 1988 and is a subsidiary of ML UK Capital Holdings Ltd., ultimately owned by Bank of America Corp. (NYSE: BAC) in the US. MLI-UK provides brokerage services to individual and retail clients. | Finance |
virt-x Ltd.
virt-x Ltd. Investment Banks/BrokersFinance virt-x Ltd. develops screen based electronic trading systems for the secondary trading market. It is an electronic communications network focusing on blue chip UK and European stocks. The company is a subsidiary of SWS Group and is headquartered in London, UK | Finance |
UBS AG
UBS AG Investment ManagersFinance UBS AG engages in the provision of financial advisory solutions for private and institutional investors, intermediaries, and wealth management clients. The firm focuses on the areas of wealth and asset management, as well as investment banking. It offers retail investment products, global financing services, investment research, bespoke financing, traditional investments, as well as bonds and equities. The company was founded in 1862 and is headquartered in Zurich, Switzerland. | Finance |
UBS AG (Stamford Branch)
UBS AG (Stamford Branch) Financial ConglomeratesFinance UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. They combine their wealth management, investment banking and asset management businesses with their Swiss operations to deliver superior financial solutions and manage CHF 2.2 trillion in invested assets. Headquartered in Zurich and Basel, Switzerland, UBS has offices in more than 50 countries, including all major financial centers, and employs approximately 65,000 people. Under Swiss company law, UBS is organized as an Aktiengesellschaft, a corporation that has issued shares of common stock to investors. UBS AG is the parent company of the UBS Group (Group). The operational structure of the Group comprises the Corporate Center and four business divisions: Wealth Management & Swiss Bank, Wealth Management Americas, Global Asset Management and the Investment Bank. | Finance |
Global Apprenticeships Network | |
Swiss-American Chamber of Commerce
Swiss-American Chamber of Commerce Miscellaneous Commercial ServicesCommercial Services Swiss-American Chamber of Commerce is an organization that advocates for Swiss, American, and multinational business interests. The non-profit company is based in Zurich, Switzerland. The Swiss company is active in all three major regions of Switzerland, organizing events and conducting comprehensive studies on business-related topics. The organization's special committees provide valuable input into its operations, and its flagship publication, the Yearbook, contains a member directory and a comprehensive collection of facts and figures on Swiss-U.S. business relations. Martin M. Naville has been the CEO of the company since 2004. | Commercial Services |
Forum Mondial de L'Economie
Forum Mondial de L'Economie Miscellaneous Commercial ServicesCommercial Services Forum Mondial de L'Economie engages in the foremost political, business and cultural organizations to shape global, regional and industry agendas. The company was founded by Klaus Schwab in 1971 and is headquartered in Cologny, Switzerland. | Commercial Services |
UBS Switzerland AG
UBS Switzerland AG Regional BanksFinance Part of UBS Group AG, UBS Switzerland AG is a Swiss company that provides wealth management, retail and corporate banking services. The company is based in Zurich, Switzerland. | Finance |
Fondazione Lugano Per Il Polo Culturale | |
UBS Business Solutions AG
UBS Business Solutions AG Miscellaneous Commercial ServicesCommercial Services Part of UBS Group AG, UBS Business Solutions AG is a Swiss company that provides business support services. The company is based in Zurich, Switzerland. Mike Dargan has been the CEO of the company since 2021. | Commercial Services |
UBS Optimus Foundation | |
UBS AG (Broker) | Finance |
UBS AG (New York)
UBS AG (New York) Investment ManagersFinance UBS AG's (NYSE: UBS) New York City-based wealth management arm is known as UBS Private Banking (US). The firm provides a range of customized wealth management products and services for private clients. | Finance |
UBS Luxembourg Financial Group Asset Management SA
UBS Luxembourg Financial Group Asset Management SA Investment ManagersFinance Part of UBS Group AG, UBS Luxembourg Financial Group Asset Management SA is a company that provides investment advice. The company is based in Luxembourg, Luxembourg. Ralph A. J. G. Hamers has been the CEO of the Luxembourger company since 2020. | Finance |
Investindustrial Acquisition Corp.
Investindustrial Acquisition Corp. Financial ConglomeratesFinance Investindustrial Acquisition Corp. is a blank check company. It engages in effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company was founded on September 7, 2020 and is headquartered in London, the United Kingdom. | Finance |
The Financial Services Forum
The Financial Services Forum Finance/Rental/LeasingFinance The Financial Services Forum provides financial services. The non-profit company is based in Washington. The American company was founded by Keith Anderson Carby. | Finance |
Schweizerische Rückversicherungs-Gesellschaft AG
Schweizerische Rückversicherungs-Gesellschaft AG Insurance Brokers/ServicesFinance Schweizerische Rückversicherungs-Gesellschaft AG provides reinsurance, insurance, and risk management solutions. The firm focuses on the property and casualty, life and health, and asset management sectors. The company was founded on May 1, 1883 and is headquartered in Zurich, Switzerland. | Finance |
Innosuisse - Swiss Innovation Agency
Innosuisse - Swiss Innovation Agency Advertising/Marketing ServicesCommercial Services Innosuisse - Swiss Innovation Agency is a company based in Bern, Switzerland. Innosuisse is the Swiss agency for innovation promotion. The private company promotes science-based innovation for the benefit of the economy and society in Switzerland. The CEO of the company is Annalise Eggimann. | Commercial Services |
The Institute of International Finance, Inc.
The Institute of International Finance, Inc. Miscellaneous Commercial ServicesCommercial Services The Institute of International Finance, Inc. operates as a financial institute. The company's members include commercial and investment banks, insurance companies, and investment management firms. It provides stocks, bonds, mutual & financial funds, and other investments services. The company was founded in 1983 and is headquartered in Washington, DC. | Commercial Services |
Centro Stampa Ticino SA | |
Fondazione Ermotti | |
UBS AG (Private Banking)
UBS AG (Private Banking) Investment ManagersFinance UBS AG (Private Banking) (UBS-PB) is the private banking division of UBS AG (NYSE: UBS; LSE: UBS). Formerly known as UBS Wealth Management & Swiss Bank, the firm provides private banking and wealth management services primarily to high-net worth individuals. They operate in close relationship with fellow division UBS Global Asset Management and distribute funds managed within the parent group, as well as third-party financial products. The firm is headquartered in Zurich. | Finance |
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