Explore Sergio Ermotti net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Sergio Ermotti? Who is Sergio Ermotti dating now & how much money does Sergio Ermotti have?
| Name | Sergio Ermotti |
| First Name | Sergio |
| Last Name | Ermotti |
| Occupation | Banker |
| Birthday | May 11 |
| Birth Year | 1960 |
| Place of Birth | Lugano |
| Home Town | Ticino |
| Birth Country | Switzerland |
| Birth Sign | Taurus |
| Full/Birth Name | |
| Father | Not Available |
| Mother | Not Available |
| Siblings | Not Available |
| Spouse | Not Known |
| Children(s) | 2 |
Sergio Ermotti Biography
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 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.
Sergio Ermotti Net Worth
Sergio 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: January 13, 2024)
| Net Worth | $5 Million |
| Salary | Under Review |
| Source of Income | Banker |
| Cars | Not Available |
| House | Living in own house. |
Leading UBS, Ermotti denounced the 2011 rogue trader scandal, implementing strict corporate policies governing community standards and initiated a major restructuring of the bank around private banking and limited its sell side operations. Leading the firm for nearly a decade, he is the longest serving head of UBS. In February 2020 UBS announced that Ralph Hamers, CEO of ING Group, would be succeeding Sergio Ermotti as CEO on 1 November.
As of April 2014, Ermotti was married with two children. His favorite movies are George Roy Hill’s The Sting and Ken Kesey’s One Flew Over the Cuckoo’s Nest. Ermotti speaks fluent Swiss Italian, Swiss German, Swiss French, and English. He supports Italian football club, A.C. Milan.
Ethnicity, religion & political views
Many peoples want to know what is Sergio Ermotti ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Sergio Ermotti's ethnicity is Not Known. We will update Sergio Ermotti's religion & political views in this article. Please check the article again after few days.
Because of his new responsibility as CEO, he resigned from his position as a president of Darwin Airline in 2011. Ermotti was a member of the board at the London Stock Exchange between September 2008 and July 2013. In 2012, he tapped a colleague from Merrill Lynch, Andrea Orcel, to lead UBS’s investment banking arm, eventually assisting him in navigating the 2013 Libor trading scandal, a major corporate restructuring, and a major expansion of mergers and acquisitions (M&A) activity. In November 2014, he became the CEO for UBS Group AG permanently. In 2015, the Swiss newspaper Schweiz am Sonntag named him as the most successful manager of a company listed on the Swiss Market Index. His salary in fiscal year 2017 was estimated to be US$14.9 million.
Who is Sergio Ermotti Dating?
According to our records, Sergio Ermotti is possibily single & has not been previously engaged. As of January 13, 2024, 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.
Height, Weight & Body Measurements
Sergio Ermotti height Not available right now. Sergio weight Not Known & body measurements will update soon.
| Height | Unknown |
| Weight | Not Known |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
He joined the Italian bank UniCredit headquartered in Milan, in December 2005 as head of markets & investment banking. At that point in time, UniCredit took over German bank, HypoVereinsbank (HVB). From 2007, he was UniCredit’s deputy chief executive officer with responsibility for the strategic business area, corporate and investment banking and private banking, before leaving in 2010. Ermotti was appointed chairman and chief executive of UBS’s Europe, Middle East, and Africa group, and became a member of the group executive board in April 2011. He was appointed interim group CEO in September 2011, and permanently in November 2011. In response to the 2011 UBS rogue trader scandal, Ermotti sent an internal memo stating: “I want to make clear that no one’s personal interest nor any amount of revenue is worth more than the bank’s reputation”.
Facts & Trivia
Sergio 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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