UBS Group AG (BUE:OUBS)
ARS 215.45 0 (0%) Market Cap: 808.72 Bil Enterprise Value: 70.47 Til PE Ratio: 3.33 PB Ratio: 1.17 GF Score: 76/100

UBS Group AG to Discuss the Appointment of a New Group Chief Executive Officer Call - Press Transcript

Feb 20, 2020 / 10:30AM GMT
Markus Baumann
UBS Group AG - Group Company Secretary

It's quite a busy day for all of us. So we have about 35 to 40 minutes for this press conference as we have lots going on. I'm joined today by Axel Weber, our Chairman; and then by Sergio Ermotti, our CEO; and Ralph Hamers, the CEO of ING and incoming CEO.

So with that, I would like to give the word to -- opening remarks for Axel.

Axel A. Weber
UBS Group AG - Chairman of the Board

Thank you, Mark, and thank you all for coming here today to Zurich, to our headquarter here at UBS.

Today is the day where we are announcing and have come out this morning with a key senior leadership change at UBS. UBS has been honored to have Sergio Ermotti serve as the company's CEO for almost 9 years. Since assuming the role in 2011, Sergio has been an outstanding CEO. He has led the company's transformation following the financial crisis and set the stage for a tremendous opportunity that lies ahead. On behalf of the entire board, I'd like to thank Sergio for his leadership, his many significant

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