Iqbal Khan, the head of Wealth Management at UBS, is emerging as a top contender for the position of CEO. In an interview with NZZ am Sonntag, Khan downplayed speculation about the succession plan, stating that it was premature to discuss it. However, his comments came at a convenient time, as UBS Chairman Colm Kelleher had recently expressed his preference for having three internal candidates in the pipeline for the CEO role. Khan praised his boss, Sergio Ermotti, describing him as a tough but fair leader and stating that he was the best person for the job. Khan also expressed confidence in Ermotti’s decision to return for the integration of Credit Suisse, highlighting the personal freedom and healthy distance that both Ermotti and Kelleher possess to act consistently. With three years to go and no major setbacks in the Wealth Management division, Khan’s path to becoming the CEO of Switzerland’s most important company seems within reach. It is a remarkable career trajectory, from a trust apprentice in Zurich-Nord to the CEO of the country’s last global player in banking.
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Information |
Details |
Geography |
Europe |
Countries |
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Sentiment |
very positive |
Relevance Score |
1 |
People |
Sergio Ermotti, Colm Kelleher, Iqbal Khan |
Companies |
CS-Integration, NZZ am Sonntag, UBS |
Currencies |
None |
Securities |
None |