, Singapore
278 views
Logo from UBS

UBS appoints new CFO following Credit Suisse’s takeover

Todd Tuckner will take on the CFO post at the close of the acquisition.

Following Credit Suisse’s acquisition of UBS Group, Todd Tuckner will take the helm as the combined firm’s Chief Financial Officer.

Tuckner will replace Sarah Youngwood, who will leave the firm after the transaction closes.

Before he was appointed Group CFO, Tuckner held various leadership roles across finance in the US and Switzerland. Currently, he serves as CFO and Head of Business Performance and Risk Management for Global Wealth Management.

Meanwhile, the UBS Group also reported that Credit Suisse AG CEO, Ulrich Körner, will join the UBS Group Executive Board upon the transaction close. 

“With his knowledge of both organizations, he will be responsible for ensuring Credit Suisse’s operational continuity and client focus, while supporting the integration process,” the investment banking company disclosed.

Upon transaction close, the combined firm will operate with five business divisions, seven functions and four regions, and in addition Credit Suisse AG. 

“Each will be represented by a Group Executive Board member, all of whom will report to Group CEO Sergio P. Ermotti,” the company said. 

Follow the links for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.
Retail Banking
What Makes BNI's API Service Stand Out in the Open Banking Era?
Until December 2023, the bank's application programming interface attracted 4,000 customers and generated transactions worth IDR 828 trillion in the past year.