UBS CEO Ermotti Plans to Step Down in April 2027, FT Says

UBS Group AG’s Chief Executive Officer Sergio Ermotti is planning to step down in April 2027, the Financial Times reports Tuesday, citing unnamed people.

Aleksandar Ivanovic, who leads the Swiss firm’s asset management unit, has emerged as one of the executives most likely to succeed Ermotti, the people familiar said. Wealth management co-heads Iqbal Khan and Robert Karofsky, and chief operating officer Beatriz Martin are among other contenders, they added.