UBS Brings Back Former CEO Sergio Ermotti After Credit Suisse Deal

Ralph Hamers steps down as Swiss lender moves into a new era

Sergio Ermotti previously ran UBS for nine years.Photo: christian beutler/Shutterstock

UBS Group AG said its former leader Sergio Ermotti will return as chief executive, as the Swiss banking giant moves into a new era with its takeover of Credit Suisse Group AG.

Mr. Ermotti, who previously ran UBS for nine years, will start on April 5 after the bank’s annual general meeting, it said.

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