Sergio Ermotti

Sergio Pietro Ermotti is a Swiss manager and investment banker. In April 2021, Ermotti was elected Chairman of Swiss Re, one of the world's largest reinsurance companies, succeeding Walter Kielholz. He was the Group Chief Executive Officer (CEO) of UBS Group AG, Inc.(UBSG)from November 2011 to October 2020 and regained that position in 2023.  

Ermotti took over as Group CEO at UBS after the 2011 rogue trader scandal, implementing strict corporate policies governing community standards. He initiated a major restructuring of the bank, redefining strategy, putting wealth management and Swiss business at its centre, alongside asset management and a more focused and capital-light investment banking. Leading the firm for nearly a decade, he was the longest serving head of UBS. In February 2020, UBS announced that Ralph Hamers, CEO of ING Group, would be succeeding Ermotti as Group CEO on 1 November 2020. Following the acquisition of Credit Suisse by UBS, Ermotti was appointed to lead the UBS Group again, replacing Hamers on 5 April 2023.

It has been speculated that he might transition into Swiss politics after his career in banking. He ruled out entering select political races for the Bundesrat stating that he was "not a politician". In addition to English, Ermotti speaks Italian, German, and French fluently.