Edition:
India

UBS Group AG (UBSG.S)

UBSG.S on Virt-X Level 1

15.45CHF
15 Jun 2018
Change (% chg)

CHF-0.31 (-1.97%)
Prev Close
CHF15.76
Open
CHF15.77
Day's High
CHF15.77
Day's Low
CHF15.31
Volume
29,109,832
Avg. Vol
13,561,634
52-wk High
CHF19.76
52-wk Low
CHF14.82

Summary

Name Age Since Current Position

Axel Weber

61 2014 Chairman of the Board of Directors

Sergio Ermotti

57 2014 Group Chief Executive Officer, Member of the Executive Board

Michel Demare

61 2014 Independent Vice Chairman of the Board of Directors

Kirt Gardner

59 2016 Group Chief Financial Officer, Member of the Executive Board

Sabine Keller-Busse

53 2018 Group Chief Operating Officer, Member of the Executive Board

Christian Bluhm

49 2016 Group Chief Risk Officer, Member of the Executive Board

Markus Diethelm

60 2014 Group General Counsel, Member of the Executive Board

David Sidwell

65 2014 Senior Independent Director

Martin Blessing

54 2018 Co-President Global Wealth Management, Member of the Executive Board

Ulrich Koerner

56 2014 President Asset Management and President UBS Europe, Middle East and Africa, Member of the Executive Board

Axel Lehmann

59 2018 President Personal & Corporate Banking and President UBS Switzerland, Member of the Executive Board

Tom Naratil

56 2018 Co-President Global Wealth Management and President UBS Americas, Member of the Executive Board

Andrea Orcel

54 2014 President - Investment Bank, Member of the Executive Board

Kathryn Shih

60 2016 President UBS Asia Pacific, Member of the Executive Board

Markus Baumann

55 2017 Group Company Secretary

Reto Francioni

62 2014 Independent Director

Ann Godbehere

62 2014 Independent Director

William Parrett

72 2014 Independent Director

Julie Richardson

55 2017 Independent Director

Isabelle Romy

53 2014 Independent Director

Robert Scully

68 2016 Independent Director

Beatrice Weder di Mauro

53 2014 Independent Director

Dieter Wemmer

61 2016 Independent Director

Caroline Stewart

Head of Investor Relations

Biographies

Name Description

Axel Weber

Mr. Axel A. Weber, Ph.D., has been Chairman of the Board of Directors of UBS Group AG since November 26, 2014. He was Member of the Board of Directors from 2012. He is Chairperson of the Corporate Culture and Responsibility Committee / Chairperson of the Governance and Nominating Committee. Mr. Weber was president of the German Bundesbank between 2004 and 2011, during which time he also served as a member of the Governing Council of the European Central Bank, a member of the Board of Directors of the Bank for International Settlements, German governor of the International Monetary Fund, and as a member of the G7 and G20 Ministers and Governors. He was a member of the steering committees of the European Systemic Risk Board in 2011 and the Financial Stability Board from 2010 to 2011. From 2002 to 2004, Mr. Weber served as a member of the German Council of Economic Experts. His academic career encompasses professorships in international economics, monetary economics and economic theory at the universities of Cologne, Frankfurt am Main, Bonn and Chicago. Mr. Weber holds a master’s degree in economics from the University of Constance and a Ph.D. in economics from the University of Siegen, where he also received his habilitation. He holds honorary doctorates from the universities of Duisburg-Essen and Constance. He is Board member of the Swiss Bankers Association, Trustees Board member of Avenir Suisse, Advisory Board member of the “Beirat Zukunft Finanzplatz” and Board member of the Swiss Finance Council, among others.

Sergio Ermotti

Mr. Sergio P. Ermotti has been Group Chief Executive Officer and Member of the Executive Board at UBS Group AG since November 2014. He held the same position at UBS AG from November 2011 and on an interim basis between September and November 2011. Mr. Ermotti became a member of the GEB in April 2011 and was Chairman and CEO of UBS Group Europe, Middle East and Africa from April to November 2011. From 2007 to 2010, he was Group Deputy Chief Executive Officer at UniCredit, Milan, and was responsible for the strategic business areas of Corporate and Investment Banking, and Private Banking. He joined UniCredit in 2005 as Head of Markets & Investment Banking Division. Between 2001 and 2003, he worked at Merrill Lynch, serving as co-Head of Global Equity Markets and as a member of the Executive Management Committee for Global Markets & Investment Banking. He began his career with Merrill Lynch in 1987 and held various positions within equity derivatives and capital markets. Mr. Ermotti is a Swiss-certified banking expert and is a graduate of the Advanced Management Programme at Oxford University. He is Board member of UBS Switzerland AG, Chairman of the Board of Directors of UBS Business Solutions AG, Chairman of the UBS Optimus Foundation Board, Chairman of the Fondazione Ermotti, Chairman and President of the Board of the Swiss- American Chamber of Commerce and Board member of the Fondazione Lugano per il Polo Culturale, among others.

Michel Demare

Mr. Michel Demare has been Independent Vice Chairman of the Board of Directors of UBS Group AG since November 26, 2014. He was elected to the BoD of UBS AG at the 2009 AGM and of UBS Group AG in November 2014. In April 2010, he was appointed independent Vice Chairman for the first time. He has been a member of the Audit Committee since 2009 and the Governance and Nominating Committee since 2010. He became a member of the Compensation Committee in 2013. He joined ABB in 2005 as Chief Financial Officer (CFO) and as a member of the Group Executive Committee. He stepped down from his function in ABB in January 2013. Between February and August 2008, he acted as the interim CEO of ABB. From September 2008 to March 2011, he combined his role as CFO with that of President of Global Markets. Mr. Demare joined ABB from Baxter International Inc., where he was CFO Europe from 2002 to 2005. Prior to this, he spent 18 years at the Dow Chemical Company, holding various treasury and risk management positions in Belgium, France, the US and Switzerland. Between 1997 and 2002, Mr. Demare was CFO of the Global Polyolefins and Elastomers division. He began his career as an officer in the multinational banking division of Continental Illinois National Bank of Chicago, and was based in Antwerp. Mr. Demare graduated with an MBA from the Katholieke Universiteit Leuven, Belgium, and holds a degree in applied economics from the Universite Catholique de Louvain, Belgium. He is Board member of Louis-Dreyfus Commodities Holdings BV, Vice Chairman of the Supervisory Board of IMD, Lausanne and Chairman of the Syngenta Foundation for Sustainable Agriculture, among others.

Kirt Gardner

Mr. Kirt Gardner has been Group Chief Financial Officer and Member of the Executive Board of UBS Group AG since January 2016. He was CFO Wealth Management from 2013 to 2015. Prior to this, he held a number of leadership positions at Citigroup, including CFO and Head of Strategy within Global Transaction Services from 2010 to 2013, Head of Strategy, Planning and Risk Strategy for the Corporate and Institutional Division from 2006 to 2010 and Head of Global Strategy and Cost Management for the Consumer Bank from 2004 to 2006. Prior to this, he held the position of Global Head of Financial Services Strategy for BearingPoint, for which he worked in Asia and New York for four years. From 1994 to 2000, he was Managing Director with Barents Group, working in the US, Asia, Latin America and Europe. Mr. Gardner holds a bachelor’s degree in economics from Williams College, a master’s degree from the University of Pennsylvania and an MBA in finance from Wharton School. He is Board member of UBS Business Solutions AG.

Sabine Keller-Busse

Ms. Sabine Keller-Busse, Ph.D., has been Group Chief Operating Officer and Member of the Executive Board of UBS Group AG since January 1, 2018. She is also President of the Executive Board of UBS Business Solutions AG as of January 2018. Ms. Keller-Busse was Group Head Human Resources from August 2014 to December 2017. She became Member of the Executive Board in January 2016. Having joined UBS in 2010, she served as Chief Operating Officer UBS Switzerland until 2014. Prior to this, she led Credit Suisse’s Private Clients Region Zurich division for two years. From 1995 to 2008, Ms. Keller-Busse worked for McKinsey & Company, where she had been Partner since 2001. Ms. Keller-Busse holds a master’s degree in business administration from the University of St. Gallen and received a Ph.D. in business administration from the same university. She is Vice-Chairman of the Board of Directors of SIX Group, Foundation Board member of the UBS Pension Fund and Foundation Board member of the University Hospital Zurich.

Christian Bluhm

Mr. Christian Bluhm, Ph.D., has been Group Chief Risk Officer and Member of the Executive Board of UBS Group AG since January 2016. He joined UBS from FMS Wertmanagement, where he had been Chief Risk & Financial Officer since 2010 and Spokesman of the Executive Board from 2012 to 2015. From 2004 to 2009, he worked for Credit Suisse, where he was Managing Director responsible for Credit Risk Management in Switzerland and Private Banking worldwide. Mr. Bluhm was Head of Credit Portfolio Management until 2008 and then Head of Credit Risk Management Analytics & Instruments after the financial crisis in 2008. From 2001 to 2004, he worked for Hypovereinsbank in Munich in Group Credit Portfolio Management, heading a team that specialized in Structured Finance Analytics. Before starting his banking career with Deutsche Bank in Credit Risk Management in 1999, he worked as a postdoctoral fellow at Cornell University in Ithaca and as a scientific assistant at the University of Greifswald. Mr. Bluhm holds a degree in mathematics and informatics from the University of Erlangen-Nuremberg and received his Ph.D. in mathematics in 1996 from the same university. He is Board member of UBS Business Solutions AG and Board member of UBS Switzerland AG.

Markus Diethelm

Mr. Markus U. Diethelm, Ph.D., has been Group General Counsel and Member of the Executive Board of UBS Group AG since November 26, 2014. He held the same position at UBS AG since September 2008, when he became a member of the GEB. He was Executive Board member of UBS Business Solutions AG from 2015 to 2016. From 1998 to 2008, he served as Group Chief Legal Officer at Swiss Re, and he was appointed to the company’s Group Executive Board in 2007. Prior to this, he was with Los Angeles-based law firm Gibson, Dunn & Crutcher and focused on corporate matters, securities transactions, litigation and regulatory investigations while working out of the firm’s Brussels and Paris offices. From 1989 to 1992, he practiced at Shearman & Sterling in New York, specializing in mergers and acquisitions. In 1988, he worked at Paul, Weiss, Rifkind, Wharton & Garrison in New York. After starting his career in 1983 with Bär & Karrer, he served as a law clerk at the District Court of Uster in Switzerland from 1984 to 1985. Mr. Diethelm holds a law degree from the University of Zurich and a master’s degree and a Ph.D. from Stanford Law School. Mr. Diethelm is a qualified attorney-at-law admitted to the bar in Zurich, Geneva and in New York State. He is Board member of UBS Business Solutions AG, Chairman of the Swiss-American Chamber of Commerce’s, legal committee, Chairman of the Swiss Advisory Council of the American Swiss Foundation and Member of the Foundation Council of the UBS, among others.

David Sidwell

Mr. David H. Sidwell has been Senior Independent Director at UBS Group AG since November 26, 2014. He was elected to the BoD of UBS AG at the 2008 AGM and of UBS Group AG in November 2014. In April 2010, he was appointed Senior Independent Director for the first time. He has chaired the Risk Committee since 2008 and has been a member of the Governance and Nominating Committee since 2011. Mr. Sidwell was Executive Vice President and CFO of Morgan Stanley between 2004 and 2007. Before joining Morgan Stanley, he worked for JPMorgan Chase & Co., where, in his 20 years of service, he held a number of different positions, including controller and, from 2000 to 2004, CFO of the Investment Bank. Prior to this, he was with Price Waterhouse in both London and New York. Mr. Sidwell graduated from Cambridge University and qualified as a chartered accountant with the Institute of Chartered Accountants in England and Wales. He is Senior advisor at Oliver Wyman, New York, Board member of Chubb Limited, Board member of GAVI Alliance and Chairman of the Board of Village Care, New York.

Martin Blessing

Mr. Martin Blessing has been Co-President Global Wealth Management and Member of the Executive Board of UBS Group AG since February 1, 2018. He was President Wealth Management and Member of the Executive Board from January 1, 2018. Prior to that, he served as President Personal & Corporate Banking and President UBS Switzerland and Member of the Executive Board at the Company from September 2016. He became a member of the GEB in September 2016. Before joining UBS, he worked for 15 years for Commerzbank AG, from 2008 to April 2016 as Chief Executive Officer. Before, he held various senior management positions; from 2004 to 2008, he was Head of Corporate Banking and from 2006 onward also responsible for IT & Operations. From 2001 to 2004, he was Head of Private Clients. Before joining Commerzbank, from 2000 to 2001 he was Chief Executive Officer of Advance Bank, a subsidiary of Dresdner Bank AG. From 1997 to 2000, he acted as Dresdner Bank’s joint Head Private Clients. From 1989 to 1996, he worked for McKinsey & Company, the last two years as Partner. He holds an MBA from the University of Chicago and in 1987 graduated from the University of St. Gallen with a degree in business administration. He is Executive Board member of Baden-Baden Entrepreneur Talks.

Ulrich Koerner

Mr. Ulrich Koerner has been President Asset Management and President UBS Europe, Middle East and Africa and Member of the Executive Board of UBS Group AG since November 2014. He held the same position at UBS AG since January 2014. He became a member of the Executive Board in April 2009 and was Group Chief Operating Officer from 2009 to 2013. In addition, he was appointed President UBS Europe, Middle East and Africa (formerly CEO of UBS Group Europe, Middle East and Africa) in December 2011. In 1998, Mr. Koerner joined Credit Suisse. He served as a member of the Credit Suisse Group Executive Board from 2003 to 2008, holding various management positions, including CFO and Chief Operating Officer. From 2006 to 2008, he was responsible for the entire Swiss client business as CEO Credit Suisse Switzerland. Mr. Koerner received a Ph.D. in business administration from the University of St. Gallen and served for several years as an auditor at Price Waterhouse and as a management consultant at McKinsey & Company. He is Member of the Supervisory Board of UBS Europe SE, Chairman of the Foundation Board of the UBS Pension Fund, Chairman of the Widder Hotel AG, Zurich and Member of the UBS Optimus Foundation Board.

Axel Lehmann

Mr. Axel P. Lehmann has been President Personal & Corporate Banking and President UBS Switzerland and Member of the Executive Board at UBS Group AG since January 1, 2018. He became a member of the Executive Board and was appointed Group Chief Operating Officer of UBS Group AG and UBS AG in January 2016. He was a member of the Board of Directors of UBS AG from 2009 to 2015 and of UBS Group AG from 2014 to 2015 and was a member of both the Risk Committee and the Governance and Nominating Committee. Mr. Lehmann became a member of Zurich Insurance Group’s (Zurich) Group Executive Committee in 2002, holding various management positions, including CEO for the European and North America businesses. From 2008 to 2015, he was Chief Risk Officer with additional responsibilities for Group IT, Regional Chairman for Europe, Middle East and Africa as well as Chairman for Farmers Group Inc. In 2001, he was appointed CEO for Northern, Central and Eastern Europe and Zurich Group Germany, having served as a member of the company’s Group Management Board since 2000 with responsibility for group-wide business development functions. In 1996, he joined Zurich as a member of the Executive Committee Switzerland, and previously, he was head of corporate planning and controlling at SwissLife, Vice President of the Institute of Insurance Economics and a visiting professor at Bocconi University in Milan. Mr. Lehmann holds a Ph.D. and a master’s degree in business administration and economics from the University of St. Gallen. He is also a graduate of the Advanced Management Program of the Wharton School. He is Board member of UBS Business Solutions AG and Co-Chair of the Global Future Council of the Future of Financial and Monetary Systems of WEF, among others.

Tom Naratil

Mr. Tom Naratil has been Co-President Global Wealth Management and President UBS Americas and Member of the Executive Board of UBS Group AG since February 1, 2018. In January 2018, he became CEO of UBS Americas Holding LLC. He was appointed President UBS Americas of UBS Group AG and UBS AG in January 2016. He previously served as President Wealth Management Americas from 2016 to 2018. He became a member of the Executive Board in June 2011 and was Group CFO of UBS AG from 2011 to 2015. He held the same position for UBS Group AG from 2014 to 2015. In addition to the role of Group CFO, he was Group Chief Operating Officer from 2014 to 2015. He was President of the Executive Board of UBS Business Solutions AG from 2015 to March 2016. He served as CFO and Chief Risk Officer of Wealth Management Americas from 2009 until his appointment as Group CFO in 2011. Before 2009, he held various senior management positions within UBS, including heading the Auction Rate Securities Solutions Group during the financial crisis in 2008. He was named Global Head of Marketing, Segment & Client Development in 2007, Global Head of Market Strategy & Development in 2005, and Director of Banking and Transactional Solutions, Wealth Management USA, in 2002. During this time, he was a member of the Group Managing Board. He joined Paine Webber Incorporated in 1983 and after the merger with UBS became Director of the Investment Products Group. Mr. Naratil holds an MBA in economics from New York University and a Bachelor of Arts in history from Yale University. He is Board member of the Clearing House Supervisory Board and Member of the Board of Consultors for the College of Nursing at Villanova University, among others.

Andrea Orcel

Mr. Andrea Orcel has been President - Investment Bank and Member of the Executive Board of UBS Group AG since November 26, 2014. He held the same position for UBS AG since November 2012. He became a member of the Executive Board in July 2012 and was co-CEO of the Investment Bank from July to November 2012. In January 2016, he was appointed Senior Officer Outside of Australia for UBS Australia Branch, and since December 2014, he has additionally held the position as Chief Executive for UBS Limited and UBS AG London Branch. He joined UBS from Bank of America Merrill Lynch, where he had been Executive Chairman Investment Bank since 2009, President of Emerging Markets (excluding Asia) since 2010 and CEO of European Card Services since 2011. Prior to the acquisition of Merrill Lynch by Bank of America, Mr. Orcel was a member of Merrill Lynch’s global management committee and Head of Global Origination, which combined Investment Banking and Capital Markets. He held a number of other leadership positions, including President of Global Markets & Investment Banking for Europe, Middle East and Africa (EMEA) and Head of EMEA Origination beginning in 2004. Between 2003 and 2007, he led the Global Financial Institutions Group, of which he had been part since joining Merrill Lynch in 1992. Prior to this, he worked at Goldman Sachs and the Boston Consulting Group. Mr. Orcel holds an MBA from INSEAD and a degree in economics and commerce, summa cum laude, from the University of Rome. He is Board member of UBS Limited and Board member of UBS Americas Holding LLC.

Kathryn Shih

Ms. Kathryn Shih has been President UBS Asia Pacific and Member of the Executive Board of UBS Group AG since January 2016. She has been Head Wealth Management Asia Pacific since 2002. She was CEO of UBS Hong Kong from 2003 to 2008. Prior to this, she held various leadership positions in Wealth Management Asia Pacific. She has been with the firm for over 30 years, since joining Swiss Bank Corporation in 1987 as a client advisor and then serving as Head Private Banking from 1994 to 1998. In the 1980s, Ms. Shih worked for Citibank in the Consumer Services Group and as an executive trainee with PCI Capital Asia Ltd. She was conferred as a Certified Private Wealth Professional by the Private Wealth Management Association, Hong Kong, in 2015 and as a Certified Financial Planner from the Institute of Financial Planners, Hong Kong, in 2001 and completed the Advanced Executive Program at Northwestern University in 1999. Ms. Shih holds a bachelor of arts degree from Indiana University in the US and a master’s degree in business management from the Asian Institute of Management in the Philippines. She is Board member of Kenford International Ltd., Board member of Shih Co Charitable Foundation Ltd. and Member of the Hong Kong Trade Development Council (Financial Services Advisory Committee).

Markus Baumann

Mr. Markus Baumann has been Group Company Secretary of UBS Group AG since January 2017. He has been with UBS for over 35 years and has held a broad range of leadership roles across the Group in Switzerland, the US and Japan, including Chief of Staff to the Chairman of the Board of Directors since 2015 and Chief Operating Officer of Group Internal Audit from 2006 to 2015. Before this, he worked as Chief Operating Officer EMEA for UBS Asset Management. Earlier in his career, Mr. Baumann worked in Japan for four years as Corporate Planning Officer and assistant to the CEO. He joined UBS in 1979 as a banking apprentice, covering the full range of universal banking activities. Mr. Baumann holds an MBA from INSEAD Fontainebleau and a Swiss Federal Diploma as a Business Analyst.

Reto Francioni

Prof. Dr. Reto Francioni, Ph.D., has been Independent Director of UBS Group AG since November 26, 2014. He was elected to the BoD of UBS AG at the 2013 AGM and of UBS Group AG in November 2014. He has been a member of the Corporate Culture and Responsibility Committee since 2013, the Compensation Committee since 2014 and the Risk Committee since 2015. He was CEO of Deutsche Boerse AG from 2005 to 2015. Since 2006, he has been a professor of applied capital markets theory at the University of Basel. From 2002 to 2005, he was Chairman of the Supervisory Board and President of the SWX Group, Zurich. Mr. Francioni was co- CEO and Spokesman for the Board of Directors of Consors AG, Nuremberg, from 2000 to 2002. Between 1993 and 2000, he held various management positions at Deutsche Boerse AG, including that of Deputy CEO from 1999 to 2000. From 1992 to 1993, he served in the corporate finance division of Hoffmann-La Roche, Basel. Prior to this, he was on the executive board of Association Tripartite Bourses for several years. From 1985 to 1988, he worked for the former Credit Suisse, holding positions in the equity sales and legal departments. He started his professional career in 1981 in the commerce division of Union Bank of Switzerland. He completed his studies in law in 1981 and his Ph.D. in 1987 at the University of Zurich.

Ann Godbehere

Ms. Ann Frances Godbehere has been Independent Director at UBS Group AG since November 26, 2014. She was elected to the BoD of UBS AG at the 2009 AGM and of UBS Group AG in November 2014. She has chaired the Compensation Committee since 2011 and has been a member of the Audit Committee since 2009. Ms. Godbehere was appointed CFO and Executive Director of Northern Rock in February 2008, serving in these roles during the initial phase of the business’s public ownership until the end of January 2009. Prior to this role, she served as CFO of Swiss Re Group from 2003 to 2007. Ms. Godbehere was CFO of its Property & Casualty division in Zurich for two years. Prior to this, she served as CFO of the Life & Health division in London for three years. From 1997 to 1998, she was CEO of Swiss Re Life & Health Canada and head of IT for Swiss Re in North America. Between 1996 and 1997, she was CFO of Swiss Re Life & Health North America. Ms. Godbehere is a certified general accountant and was made a fellow of the Chartered Professional Accountant Association in 2014 and fellow of the Certified General Accountant Association of Canada in 2003. She is Board member of British American Tobacco plc, among others.

William Parrett

Mr. William G. (Bill) Parret has been Independent Director at UBS Group AG since November 26, 2014. He was elected to the BoD of UBS AG at the October 2008 Extraordinary General Meeting and of UBS Group AG in November 2014. He has chaired the Audit Committee since 2009, has been a member of the Corporate Culture and Responsibility Committee since 2012 and the Compensation Committee since 2015. Mr. Parrett served his entire executive career with Deloitte Touche Tohmatsu. He was CEO from 2003 until his retirement in 2007. Between 1999 and 2003, he was a Managing Partner of Deloitte & Touche USA LLP and served on Deloitte’s Global Executive Committee between 1999 and 2007. Mr. Parrett founded Deloitte’s US National Financial Services Industry Group in 1995 and its Global Financial Services Industry Group in 1997, both of which he led as Chairman. In his 40 years of experience in professional services, Mr. Parrett served public, private, governmental and state-owned clients worldwide. Mr. Parrett has a bachelor’s degree in accounting from St. Francis College, New York, and is a certified public accountant (New York). He is Chairman of the Board of Conduent Inc. and Member of the Carnegie Hall Board of Trustees, among others.

Julie Richardson

Ms. Julie G. Richardson has been Independent Director at UBS Group AG since May 4, 2017. She has been a member of the Risk Committee since 2017. Ms. Richardson was a Partner and Head of the New York Office of Providence Equity Partners from 2003 to 2012, a global private equity firm specializing in equity investments in media, communications, education and information companies. She acted as a senior advisor to the partnership until 2014. From 1998 to 2003, Ms. Richardson served as Vice Chairman of JPMorgan Chase & Co.’s Investment Banking division and Head of its Global Telecommunications, Media and Technology group. She started her career with Merrill Lynch in 1986, where she worked until 1998, in her last position as Managing Director Media and Communications Investment Banking. Ms. Richardson graduated with a bachelor’s degree in business administration from the University of Wisconsin-Madison. She is Board member of The Hartford Financial Services Group, Inc. (chairman of the audit committee) and Board member of Yext (chairman of the audit committee), among others.

Isabelle Romy

Ms. Isabelle Romy has been Independent Director at UBS Group AG since November 26, 2014. She was elected to the BoD of UBS AG at the 2012 AGM and of UBS Group AG in November 2014. She has been a member of the Audit Committee and the Governance and Nominating Committee since 2012. Ms. Romy is a partner at Froriep Legal AG, a Swiss business law firm. From 1995 to 2012, she worked for another Swiss law firm based in Zurich, where she was a partner from 2003 to 2012. Her legal practice includes litigation and arbitration in cross-border cases. Ms. Romy has been an associate professor at the University of Fribourg and at the Federal Institute of Technology in Lausanne (EPFL) since 1996. Between 2003 and 2008, she served as a deputy judge at the Swiss Federal Supreme Court. From 1999 to 2006, she was a member of the Ethics Commission at the EPFL. Ms. Romy earned her Ph.D. in law (Dr. iur.) at the University of Lausanne in 1990 and has been a qualified attorney-at-law admitted to the bar since 1991. From 1992 to 1994, she was a visiting scholar at Boalt Hall School of Law, University of California, Berkeley, and completed her professorial thesis at the University of Fribourg in 1996. She is Board member of Froriep Legal AG, Vice Chairman of the Sanction Commission of SIX Swiss Exchange and Member of the Fundraising Committee of the Swiss National Committee for UNICEF, among others.

Robert Scully

Mr. Robert W. (Bob) Scully has been Independent Director of UBS Group AG since 2016. He is a Member of the Risk Committee. Mr. Scully served as a Member of the Office of the Chairman of Morgan Stanley from 2007 to 2009 and was its Co-President responsible for Asset Management, Discover Credit Cards from 2006 to 2007. Prior to assuming the position of Co-President, he was Chairman of Global Capital Markets from 2004 to 2006, Vice Chairman of Investment Banking from 1999 to 2006, and Managing Director from 1996 to 2009. Mr. Scully was Managing Director at Lehman Brothers from 1993 to 1996, having worked for Scully Brothers Foss & Wight from 1989 to 1993 as Managing Director and for Salomon Brothers in Investment Banking and Capital Markets from 1980 to 1989, where he became a Managing Director in 1984. He began his career in the banking industry with Chase Manhattan Bank in 1972 and then worked as an investment banker for Blyth Eastman Dillon & Co. from 1977 to 1980. Mr. Scully graduated in 1972 with a bachelor’s degree in psychology from Princeton University and holds an MBA from Harvard University. He is Board member of Chubb Limited, Board member of Zoetis, Inc. and Board member of KKR & Co. LP, among others.

Beatrice Weder di Mauro

Ms. Beatrice Weder di Mauro, Ph.D., is Independent Director at UBS Group AG since November 26, 2014. She was elected to the BoD of UBS AG at the 2012 AGM and of UBS Group AG in November 2014. She has been a member of the Audit Committee since 2012 and became a member of the Corporate Culture and Responsibility Committee in 2017. She was member of the Risk Committee from 2013 to May 2017. She has been a professor of economics, economic policy and international macroeconomics at the Johannes Gutenberg University of Mainz since 2001. Currently she is a distinguished fellow at INSEAD in Singapore. Ms. Weder di Mauro has served as non-executive director on the boards of globally leading companies in development finance, pharmaceuticals, technology and insurance. Ms. Weder di Mauro was a member of the German Council of Economic Experts from 2004 to 2012. In 2010, she was a resident scholar at the International Monetary Fund (IMF) in Washington, DC, and, in 2006, a visiting scholar at the National Bureau of Economic Research, Cambridge, MA. She was an associate professor of economics at the University of Basel between 1998 and 2001 and a research fellow at the United Nations University in Tokyo from 1997 to 1998. Prior to this, she was an economist at the IMF in Washington, DC. Ms. Weder di Mauro earned her Ph.D. in economics at the University of Basel in 1993 and received her habilitation there in 1999. She is Supervisory Board member of Robert Bosch GmbH, Board member of Bombardier Inc. and Member of the ETH Zurich Foundation Board of Trustees, among others.

Dieter Wemmer

Mr. Dieter Wemmer has been Independent Director of UBS Group AG since 2016. He has been a member of the Risk Committee since 2016. Mr. Wemmer was Chief Financial Officer (CFO) of Allianz SE from 2013 to 2017. He joined Allianz SE in 2012 as a member of the Board of Management, responsible for the insurance business in France, Benelux, Italy, Greece and Turkey and for the Center of Competence “Global Property & Casualty.” He was CFO of Zurich Insurance Group (Zurich) from 2007 to 2011. From 2010 to 2011, he was Zurich’s Regional Chairman of Europe. Prior to this, Mr. Wemmer was CEO of the Europe General Insurance business and member of Zurich’s Group Executive Committee from 2004 to 2007. He held various other management positions in the Zurich Group such as Chief Operating Officer of the Europe General Insurance business from 2003 to 2004, Head of Mergers and Acquisitions from 1999 to 2003 and Head of Financial Controlling from 1997 to 1999. He began his career in the insurance industry within the Zurich Group in 1986 in Cologne after graduating from the University of Cologne with a master’s degree and acquiring his doctorate in mathematics in 1985.

Caroline Stewart