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Sergio Ermotti

Sergio P. Ermotti
Sergio P. Ermotti.jpg
Group Chief Executive Officer of UBS Group AG
Assumed office
15 November 2011
Preceded by Oswald Grübel
Personal details
Born (1960-05-11) 11 May 1960 (age 56)
Lugano, Switzerland
Nationality Switzerland
Alma mater Oxford University
Occupation economist

Sergio P. Ermotti (born 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. In 2014, following the restructuring process of the UBS AG, he was appointed to the same position of a Group Chief Executive Officer within the new UBS Group AG.

Sergio P. Ermotti was born on 11 May 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 Cornèr Bank in Lugano. As an apprentice, Ermotti learned to sell and trade them.

As of April 2014 Ermotti was married with two children.

Ermotti holds a Swiss federal banking expert diploma and is a graduate of the Advanced Management Program at Oxford University.

After his apprenticeship as a at the Cornèr 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 and stayed there for 16 years, holding various positions in equity derivatives and capital markets. He was eventually promoted to co-Head of Global Equity Markets and as a member of the Executive Management Committee for Global Markets & Investment Banking at Merrill Lynch, which he served between 2001 and 2003.

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.


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