Veteran UBS Banker Lukas Gähwiler Bows Out After 45 Years in Finance

Core Insights - Lukas Gähwiler, a prominent figure in Swiss banking, will retire from UBS after a 45-year career, marking a significant transition for the bank [1][2] - Markus Ronner has been nominated to succeed Gähwiler as Vice Chairman of the Board of Directors, ensuring continuity in leadership [6][8] Leadership Transition - Gähwiler's tenure included pivotal roles such as President of UBS Switzerland and Vice Chairman of UBS Group AG, particularly during the integration of Credit Suisse [3][4] - Ronner, with over 40 years at UBS, is recognized for his expertise in risk, compliance, and governance, and has served as the group chief compliance and governance officer [6][7] Impact and Legacy - Gähwiler is celebrated for his integrity and contributions to UBS's success, especially in strengthening its domestic operations and guiding the Credit Suisse integration [4][5] - The transition from Gähwiler to Ronner symbolizes a generational shift within UBS, maintaining stability during a time of global banking transformation [8][9]