UBS CEO Hamers Plays Down Bankers’ Titles to Soften Hierarchy
- Chief executive Hamers is pushing for more flexible work style
- Employees asked to shorten meetings, attend standing up
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UBS Group AG Chief Executive Officer Ralph Hamers is de-emphasizing bankers’ titles of rank, as part of his effort to change the lender’s hierarchical nature and push people to work in a more flexible manner.
Monikers such as managing director, director, and associate have been hidden in the bank’s internal directory, where they were once listed prominently below a person’s name, people familiar with the changes said.