ADVERTISEMENT
  • News
  • New York
  • Technology
  • Culture
  • Entertainment
  • Sport
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Saturday, May 24, 2025
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
Home Business BANKS

UBS AG announces Board of Directors nominations

The FINANCIAL by The FINANCIAL
March 16, 2009
in BANKS
Reading Time: 4 mins read
7
A A
0
Share on FacebookShare on Twitter

The FINANCIAL — UBS AG announces three new candidates for the Board of Directors to be proposed for election at the bank's Annual General Meeting on 15 April 2009. Three current members will not stand for re-election. These changes are in addition to the previously announced nomination of Kaspar Villiger to succeed Peter Kurer.

 

Changes to the Board of Directors

RelatedPosts

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

ZEG Storytelling Festival

The Security Service of Ukraine lost the appeal in court to Alona Shevtsova, Ibox Bank

SEC Policy Director Corey Klemmer to Step Down

Ernesto Bertarelli, Gabrielle Kaufmann-Kohler and Joerg Wolle have decided not to stand for re-election for a further one-year term. Gabrielle Kaufmann-Kohler and Joerg Wolle were members of the Board of Directors for three years, and Ernesto Bertarelli was a member for seven years; he is currently the longest-serving member of the Board.

 

“I thank the departing members for their excellent work and dedication to our institution over a number of years,” said Chairman Peter Kurer. “All of them have contributed substantially to the development of our bank and have actively engaged in meeting the challenges of the bank over the last 18 months, both on the Board level and in extensive committee work.”

 

“The time expenditure required in actively addressing the challenges of the bank in these turbulent times on both the Board and in two Board committees was enormous,” said Joerg Wolle. “This made it increasingly incompatible with my role as CEO of DKSH, leading to my decision not to stand for re-election. I am convinced that work in the past years has set the basis for a strong and prosperous UBS AG.”

 

“I am proud to have served one of Switzerland’s most important corporations during seven years, and through one of its most challenging periods," said Ernesto Bertarelli. “I am also pleased to have contributed to the changes made by UBS AG to address the difficult market conditions. Now it is appropriate that other people join the Board to participate in this transformation process towards bringing UBS AG back in its leadership position in the world of banking.”

 

“The involvement of the bank in litigation with the US government risks impairing my activities as an international arbitrator and I need to avoid that any doubts arise about my independence in arbitration proceedings which I have been chairing for over a year,” said Gabrielle Kaufmann-Kohler. “I will leave with the utmost regret as I was committed to continue to contribute to the renewal of UBS AG. The recent turn of events will not allow it, but I will leave with the conviction that, in particular through the work of the Governance and Nominating Committee, the bank is in good hands with a strong Board and strong leadership."

 

The unavailability of Ernesto Bertarelli, Gabrielle Kaufmann-Kohler and Joerg Wolle calls for the proposal of three new candidates for election to the Board.

See also  Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

 

“I am very excited that we can propose three exceptionally well-qualified candidates for election to the Board of Directors," said Chairman Peter Kurer. “They each have specific banking, finance and risk experience, allowing them to contribute to the various Committees it is planned they join.”

 

The search was managed by the Governance and Nominating Committee under the chair of Gabrielle Kaufmann-Kohler and was supported by outside advisors.

 

Biographies of Board of Directors nominees

Michel Demaré (1956) joined ABB as a member of the Executive Committee and Chief Financial Officer (CFO) in 2005 and added the role of President of Global Markets in November 2008. Between February and September 2008, he acted as interim Chief Executive Officer of ABB. Mr. Demaré joined ABB from Baxter International, a global healthcare company, where he was CFO of Baxter Europe from 2002 to 2005. Prior to this role, he spent 18 years at the Dow Chemical Company. Mr. Demaré began his career as an officer in the Multinational Banking division of Continental Illinois Bank of Chicago, based in Antwerp and Brussels. He has graduated with an MBA from the Katholieke Universiteit Leuven (Belgium) and a degree in applied economics from the Université Catholique de Louvain (Belgium). Mr. Demaré is a Belgian citizen.

 

Ann F. Godbehere (1955) was asked by the UK government to act as CFO of Northern Rock during the initial phase of the business’ public ownership from February 2008 until January 2009. Prior to this role, she served as CFO of Swiss Re from 2003 to 2007. Ms. Godbehere is a non-executive director of Prudential Plc and a fellow of the Certified General Accountants Association of Canada. She is on the Board of the Lloyd’s syndicate Atrium Underwriters, which was acquired in 2007 by Ariel Holdings, the insurance company, of whose Board she is also a member. Ms. Godbehere is a Canadian and British citizen, and is a resident of Zurich.

 

Axel P. Lehmann (1959) is a member of the Group Executive Committee and has been Group Chief Risk Officer of Zurich Financial Services (Zurich) since January 2008. In addition he is responsible for Zurich’s Group IT. He joined Zurich in 1996 as a member of the executive management team of Zurich Switzerland and subsequently held various executive management positions for Zurich in Switzerland, Europe and North America. Mr. Lehmann is an honorary professor for business administration and service management and Chairman of the Board of the Institute of Insurance Economics (I.VW-HSG) at University of St. Gallen in Switzerland. He holds a PhD and a master’s degree in business administration and economics from the University of St. Gallen and is a graduate of the Wharton Advanced Management Program. He is a Swiss citizen.

 

 

Related Posts

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations
BANKS

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

by The FINANCIAL
May 13, 2025
0

Businesses of all sizes face growing complexity in managing their financial operations. From processing customer payments to paying vendors and...

Read more
ZEG Storytelling Festival

ZEG Storytelling Festival

April 8, 2025
Chairman of the Supervisory Board of IBOX BANK Alona Shevtsova talks about the development of financial technologies in Ukraine and entering the Polish market

The Security Service of Ukraine lost the appeal in court to Alona Shevtsova, Ibox Bank

March 26, 2025
SEC Policy Director Corey Klemmer to Step Down

SEC Policy Director Corey Klemmer to Step Down

January 17, 2025

Discussion about this post

  • Trending
  • Comments
  • Latest
The White House Worth Just Shy of $400 Million

United States Department of State – Diplomatic List

May 21, 2025
People Expect All Industries to Demonstrate Corporate Social Responsibility, But Especially the Tech, Food, and Fashion Industries

Reju Announces the site selection of Regeneration Hub One, its first industrial size textile-to-textile recycling center

May 20, 2025
Ampersand wins £22m five-year contract at London Zoo

Ampersand wins £22m five-year contract at London Zoo

June 25, 2012
China’s BYD to set up European HQ and R&D base in Hungary

China’s BYD to set up European HQ and R&D base in Hungary

May 20, 2025
EasyJet to fly to London from Stockholm Arlanda

The London Diplomatic List, Addresses, Contacts & Working Hours

January 23, 2023
ESSEC partners with French AI solution Mistral AI for innovation in research and education

ESSEC partners with French AI solution Mistral AI for innovation in research and education

May 23, 2025
How biases influence CEOs throughout their careers

7 Ways a CFO’s Role Is Evolving From Number Cruncher to Strategic Advisor

May 23, 2025
East China’s trade hub Yuyao taps Central and Eastern European market with innovation

East China’s trade hub Yuyao taps Central and Eastern European market with innovation

May 23, 2025
airBaltic Launches Flights from Riga to Almaty

Dinmukhamet Idrisov: Kazakh Tycoon’s Offshore Holdings and Foreign Investment Transparency

May 23, 2025
Protected: How Digital Twin Transform the Automobile Industry

Protected: How Digital Twin Transform the Automobile Industry

May 23, 2025
ADVERTISEMENT

Popular Last 24h

  • People Expect All Industries to Demonstrate Corporate Social Responsibility, But Especially the Tech, Food, and Fashion Industries

    Reju Announces the site selection of Regeneration Hub One, its first industrial size textile-to-textile recycling center

    58 shares
    Share 23 Tweet 15
  • ESSEC partners with French AI solution Mistral AI for innovation in research and education

    24 shares
    Share 10 Tweet 6
  • Dinmukhamet Idrisov: Kazakh Tycoon’s Offshore Holdings and Foreign Investment Transparency

    20 shares
    Share 8 Tweet 5
  • 7 Ways a CFO’s Role Is Evolving From Number Cruncher to Strategic Advisor

    19 shares
    Share 8 Tweet 5
  • East China’s trade hub Yuyao taps Central and Eastern European market with innovation

    18 shares
    Share 7 Tweet 5
  • United States Department of State – Diplomatic List

    69 shares
    Share 28 Tweet 17
  • Ampersand wins £22m five-year contract at London Zoo

    3367 shares
    Share 1347 Tweet 842

LATEST POSTS

ESSEC partners with French AI solution Mistral AI for innovation in research and education

ESSEC partners with French AI solution Mistral AI for innovation in research and education

May 23, 2025
How biases influence CEOs throughout their careers

7 Ways a CFO’s Role Is Evolving From Number Cruncher to Strategic Advisor

May 23, 2025
East China’s trade hub Yuyao taps Central and Eastern European market with innovation

East China’s trade hub Yuyao taps Central and Eastern European market with innovation

May 23, 2025
airBaltic Launches Flights from Riga to Almaty

Dinmukhamet Idrisov: Kazakh Tycoon’s Offshore Holdings and Foreign Investment Transparency

May 23, 2025
Protected: How Digital Twin Transform the Automobile Industry

Protected: How Digital Twin Transform the Automobile Industry

May 23, 2025
Rewriting intelligence: How AI models are reshaping tomorrow

Rewriting intelligence: How AI models are reshaping tomorrow

May 22, 2025
Protected: How Do Zero Balance Current Accounts Compare to Regular Current Accounts?

Protected: How Do Zero Balance Current Accounts Compare to Regular Current Accounts?

May 22, 2025
The White House Worth Just Shy of $400 Million

United States Department of State – Diplomatic List

May 21, 2025
Navigating Car Insurance in New Orleans: What Locals Need to Know

Navigating Car Insurance in New Orleans: What Locals Need to Know

May 21, 2025

Why Logistics Firms Need Blockchain Development Services Now

May 21, 2025

LATESTBUSINESS

ESSEC partners with French AI solution Mistral AI for innovation in research and education

ESSEC partners with French AI solution Mistral AI for innovation in research and education

by The FINANCIAL
May 23, 2025
0

How biases influence CEOs throughout their careers

7 Ways a CFO’s Role Is Evolving From Number Cruncher to Strategic Advisor

by The FINANCIAL
May 23, 2025
0

East China’s trade hub Yuyao taps Central and Eastern European market with innovation

East China’s trade hub Yuyao taps Central and Eastern European market with innovation

by The FINANCIAL
May 23, 2025
0

Navigating Car Insurance in New Orleans: What Locals Need to Know

Navigating Car Insurance in New Orleans: What Locals Need to Know

by Guest author
May 21, 2025
0

China’s BYD to set up European HQ and R&D base in Hungary

China’s BYD to set up European HQ and R&D base in Hungary

by The FINANCIAL
May 20, 2025
0

Brooklyn Park Man Pleads Guilty to His Role in $250 Million Feeding Our Future Fraud Scheme

Two Men Sentenced for Real Estate and Tax Fraud

by The FINANCIAL
May 16, 2025
0

Cyber risks are one of the biggest threats to the digital and networked economy

Munich Re posts net result of €1.1bn in Q1 despite high major-loss expenditure

by The FINANCIAL
May 15, 2025
0

Cryptocurrency Total Market Cap Jumped 80% After COVID-19 Crash

Confidence in regulation of the crypto and digital assets sector is rising, study

by The FINANCIAL
May 15, 2025
0

GET IN TOUCH

Submit guest post/Letters to the Editor:

editor (at) finchannel.com

Sales & Marketing: (+995 558) 03 03 03 Email: marketing (at) finchannel.com

Whatsup: (+995 599) 96 52 52

Georgia:

(+995 599) 96 52 52 Email: editor (@) finchannel.com

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2025 Intelligence Group llc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.