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UBS reshuffles board as wealth chief Blessing stands down

Swiss group doubles the number of women on its executive board, to two

UBS reshuffles board as wealth chief Blessing stands down
Photo: Getty Images

UBS has reshuffled its board following the departures of two key members — including one previously touted as a possible successor to group chief executive Sergio Ermotti.

The Swiss banking giant on August 29 confirmed that Martin Blessing, co-president of its $2.4tn global wealth management division since early 2018, was standing down.

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