Related News
UBS gets 3 new members on board
Source: Agencies |
March 17, 2009, Tuesday
|
Print Edition
Print Edition
UBS AG yesterday announced that it will replace three members of its board of directors, including billionaire Ernesto Bertarelli, as part of a wave of changes to top management at Switzerland's largest bank.
Nominated to join the board at the April 15 shareholders meeting are Michael Demare, finance chief of engineering company ABB Ltd; Axel Lehmann, group chief risk officer of Zurich Financial Services; and Ann Godbehere, who served as chief financial officer of Northern Rock under the initial phase of the British government's ownership of the mortgage lender.
"UBS has important challenges ahead and therefore the Swiss banking giant needs outstanding people to tackle them," said analyst Nicolas Michellod at Celent insurance practice group. He particularly praised the choice of Lehmann because he helped Zurich Financial "go through the financial crisis without big problems."
Nominated to join the board at the April 15 shareholders meeting are Michael Demare, finance chief of engineering company ABB Ltd; Axel Lehmann, group chief risk officer of Zurich Financial Services; and Ann Godbehere, who served as chief financial officer of Northern Rock under the initial phase of the British government's ownership of the mortgage lender.
"UBS has important challenges ahead and therefore the Swiss banking giant needs outstanding people to tackle them," said analyst Nicolas Michellod at Celent insurance practice group. He particularly praised the choice of Lehmann because he helped Zurich Financial "go through the financial crisis without big problems."
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
