UBS announced today that the Board of Directors has appointed Oswald J. Grubel as its new Group Chief Executive Officer with immediate effect. This represents a further step to restore stakeholder confidence and to pave the way back to success.
Mr. Grübel was the architect of a successful turnaround and restored confidence in the
company in turbulent times. During his career of almost forty years at Credit Suisse, he held various management positions both on Group level and in the investment banking and private banking areas. From 2003 until spring 2007, he was Co-CEO and CEO of Credit Suisse.
Thursday, February 26, 2009
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