Sergio Ermotti

Date of Birth: May 11, 1960

Zodiac Sign: Taurus

Biography

Sergio Ermotti is a renowned Swiss businessman, best known for his role as the CEO of UBS Group AG, one of the world’s largest and most influential financial services companies. Born in Lugano, Switzerland, Ermotti started his career in finance at a young age, demonstrating a keen aptitude for banking and investment. He joined Merrill Lynch as a trader, where he honed his skills in equity derivatives and quickly rose through the ranks. His career took a significant turn when he moved to UniCredit, where he served as the head of global markets and investment banking. In 2011, Ermotti was appointed interim CEO of UBS following a trading scandal, and he was confirmed as the permanent CEO later that year. Under his leadership, UBS underwent a strategic shift, focusing on wealth management and less on investment banking, which helped stabilize the firm and restore its profitability. Ermotti has been lauded for his strategic vision and ability to steer the company through turbulent times. He stepped down as CEO of UBS in November 2020 and has since been involved in various business ventures and advisory roles.

5 Interesting Facts about Sergio Ermotti

1. Sergio Ermotti began his career as an apprentice at Cornèr Bank in Lugano, Switzerland.

2. He is fluent in multiple languages, including Italian, English, and German.

3. Ermotti is an avid sports enthusiast and enjoys skiing and cycling in his spare time.

4. During his tenure, UBS became one of the largest wealth managers in the world.

5. He has served on the board of directors for various organizations, including the Swiss Reinsurance Company.

5 Most Interesting Quotes from Sergio Ermotti

1. “In finance, you need to have conviction and the ability to make decisions quickly.”

2. “Leadership is not about being in charge. It’s about taking care of those in your charge.”

3. “The key to successful risk management is understanding the risks you’re taking.”

4. “Innovation in banking is about better serving our clients, not just about technology.”

5. “Wealth management is about building long-term relationships based on trust.”

Highest Net Worth Achieved

Sergio Ermotti’s highest net worth has been estimated to be around $40 million.

Children

Sergio Ermotti has two children. While he keeps his family life relatively private, it is known that he values the importance of balancing his professional and personal life.