
Career banker Sergio Ermotti returns to the fold at UBS
The UBS board, in bringing back Sergio Ermotti as chief executive, opted for someone who knows the bank well. Ermotti held the post from 2011 to 2020 and won acclaim for leading its recovery from the financial crisis. The 62-year-old, born in Switzerland, is a career banker, having worked at Citigroup, Merrill Lynch and UniCredit…