UBS Names New Chief Operating Officer in Executive Team Reshuffle

Core Insights - UBS is on track to complete the integration of Credit Suisse by the end of 2026 [1][5] - The bank has undergone an executive reshuffle, appointing Beatriz Martin as the new Chief Operating Officer [1][3] - Markus Ronner has been nominated as vice chairman of the board, succeeding Lukas Gaehwiler, who is retiring [2][4] Executive Changes - Beatriz Martin will oversee the finalization of the Credit Suisse integration while retaining her roles in sustainability and managing noncore assets [3] - Michelle Bereaux has been appointed as head of compliance and operational risk control, taking over from her previous role as chief integration officer [2][4] - Todd Tuckner will now handle governmental and regulatory affairs, previously under the finance chief's remit [2] Strategic Focus - UBS aims to leverage these executive changes to enhance its growth opportunities and stakeholder value [5]