UBS’s Kelleher Likes Morgan Stanley’s CEO Race Playbook

UBS Group AG’s chairman Colm Kelleher said he is looking at setting up a shortlist of potential candidates to succeed current Chief Executive Officer Sergio Ermotti in the coming years.

“I would love to get to the stage in the future where UBS can run the same playbook as Morgan Stanley and have a foreseeable and credible succession with a range of candidates,” Kelleher said at the FT Global Banking Summit in London on Tuesday.