Sergio Ermotti

January 10, 2024
Banker

Quick Facts

Sergio Ermotti
Full Name Sergio Ermotti
Occupation Banker
Date Of Birth May 11, 1960(1960-05-11)
Age 64
Birthplace Lugano
Country Switzerland
Birth City Ticino
Horoscope Taurus

Sergio Ermotti Biography

Name Sergio Ermotti
Birthday May 11
Birth Year 1960
Place Of Birth Lugano
Home Town Ticino
Birth Country Switzerland
Birth Sign Taurus
Children(s) 2

Sergio Ermotti is one of the most popular and richest Banker who was born on May 11, 1960 in Lugano, Ticino, Switzerland.

Sergio Pietro Ermotti (born 11 May 1960) is a Swiss investment banker and former stock trader. He has been the chief executive officer (CEO) of UBS Group AG since November 2011. Ermotti is slated to succeed Walter Kielholz as the incoming chairman of Swiss Re, Switzerland’s largest reinsurance company, in 2021. He previously served as the deputy chief executive for Italian bank UniCredit, from 2007 to 2010.

After his apprenticeship as a stockbroker at the Cornèr Bank, Ermotti was later promoted to trading. In 1985, Ermotti moved to Citibank in Zurich where he traded equity-linked products and later served as its Resident Vice President. In 1987, he went on to the Swiss office of the US investment bank Merrill Lynch in Zurich, and stayed with the bank for 16 years. He started with holding various positions in equity derivatives and capital markets, and contributed to the expansion of the capital market business of the bank in french-speaking parts of Switzerland. In 1993, he was promoted to the position of Managing Director and moved to London being in charge for the European equity derivatives unit. Three years later, in 1996, Ermotti relocated to New York, as a head of global derivatives trading. He was eventually promoted to co-head of global equity markets and a member of the executive management committee for global markets & investment banking at Merrill Lynch, where he worked from 2001 to 2003.

Sergio Ermotti Net Worth

Net Worth $5 Million
Source Of Income Banker
House Living in own house.

Sergio Ermotti is one of the richest Banker from Switzerland. According to our analysis, Wikipedia, Forbes & Business Insider, Sergio Ermotti 's net worth $5 Million. (Last Update: December 11, 2023)

Sergio Pietro Ermotti was born on 11 May 1960 in Lugano, Switzerland, an Italian-speaking city. He left school at age 15 to pursue aspirations of being a footballer and skier. Before turning 18 and enrolling in college to fulfill theses aspirations, Ermotti decided to fill his time with an apprenticeship at the Cornèr Bank in Lugano to “get up to speed with accounting, finance, and so on”. At his apprenticeship, he learned to sell and trade stocks. Although Ermotti did not attend university, he received a Swiss federal banking expert diploma and subsequently attended the Advanced Management Program at Oxford University.

Height, Weight & Body Measurements

Sergio Ermotti height Not available right now. Shane weight Not Known & body measurements will update soon.

Who is Sergio Ermotti Dating?

According to our records, Sergio Ermotti is possibily single & has not been previously engaged. As of December 1, 2023, Sergio Ermotti’s is not dating anyone.

Relationships Record : We have no records of past relationships for Sergio Ermotti. You may help us to build the dating records for Sergio Ermotti!

In February 2020 UBS announced that Ralph Hamers CEO of ING Group would be succeeding Sergio Ermotti as CEO on 1 November. Swiss Re, Switzerland’s largest reinsurance company, announced its intention to onboard Ermotti as its next chairman in 2021 succeeding Walter Kielholz.

Facts & Trivia

Shane Ranked on the list of most popular Banker. Also ranked in the elit list of famous people born in Switzerland. Sergio Ermotti celebrates birthday on May 11 of every year.

What is Sergio Ermotti doing now?

Less than six months after leaving UBS, ex-CEO Sergio Ermotti is now chairman of the world’s largest reinsurer.

How much does Sergio Ermotti make?

UBS said it had awarded Ermotti a total package of SFr13. 3m for 2020, meaning he has earned more than SFr60m over the course of his nine-year tenure at the head of the bank. The 60-year-old Swiss national is to take over as chairman of insurer Swiss Re this year.

Who is the chairman of UBS?

Zurich/Basel, 20 November 2021 – The Board of Directors of UBS Group AG will nominate Colm Kelleher as new Chairman and Lukas Gähwiler as Vice Chairman for election to the Board at the Annual General Meeting on 6 April 2022. If elected, Colm Kelleher will succeed Axel A.

What does UBS stand for?

The name UBS is derived from one of its predecessor corporations, the Union Bank of Switzerland. The current UBS originated when the Union Bank of Switzerland merged with the Swiss Bank Corporation in 1998. Thus, UBS is now used as the company’s official name and not as an acronym.

Is UBS a good bank?

UBS was named “Best Bank for Wealth Management in North America” at the Euromoney Awards for Excellence 2017.

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