UBS’s Kelleher Floats Ermotti as Successor in Bilanz Interview

UBS Group AG Chairman Colm Kelleher touted the idea of Chief Executive Officer Sergio Ermotti as his potential successor, a comment that will add to speculation about how the bank’s leadership ranks could change in the coming years.

Kelleher would be happy for Ermotti to take his role in the right circumstances and if there’s an “appropriate” cooling-off period, he said in an interview with Swiss publication Bilanz.

UBS’s top leadership steers the world’s biggest wealth manager and Switzerland’s largest bank by far, making the chairmanship and the CEO role two of the most important posts in the country’s dominant ...