Ermotti Says UBS Is Assembling List of Potential Successors

UBS Group AG Chief Executive Officer Sergio Ermotti said the bank is in the process of identifying candidates to replace him while reiterating he expects to step aside within about a year.

“We are assembling the right candidates for the new leadership,” Ermotti said in an interview with the newspaper Tages-Anzeiger published Thursday, responding to a question about who will ultimately take over from him. “As previously communicated, I will complete the integration of Credit Suisse and remain CEO at least until the end of 2026 or spring 2027.”