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Jürg Kaufmann has been removed as head of the UBS Berne region, along with his key employee overseeing wealthy clients, amid ongoing management upheaval. Chief executive Sabine Keller-Busse, facing pressure from Sergio Ermotti, aims to regain control after a series of high-profile departures to competitors. The new leadership faces challenges due to a lack of experience, complicating efforts to stabilize the region.
Jürg Kaufmann, head of UBS Bern, has resigned amid significant upheaval following the integration of Credit Suisse. His departure comes as key personnel, including the head of wealthy private clients, are also being replaced, leading to a talent exodus to competitors like Vontobel and Berner Kantonalbank. Chief executive Sabine Keller-Busse, facing pressure from Sergio Ermotti, has taken decisive action to address the turmoil.
Martin Arregger
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UBS Bern leadership shakeup as Jürg Kaufmann is ousted
Vontobel Holding AG
Berner Kantonalbank AG
Julius Bär Gruppe AG
CHE
Sabine Keller-Busse
Martin Arregger
Sergio Ermotti
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16:05 19.03.2025
ubs bern leadership shakeup leads to resignations and client losses
07:59 18.03.2025
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