Lukas Gahwiler appointed new CEO of UBS Switzerland

Swiss banking major UBS today said it has appointed Lukas Gahwiler as chief executive officer of UBS Switzerland.

He would also be co-CEO of Wealth Management and Swiss Bank. These appointment would be effective from April 1, 2010, UBS said in a statement.

Gahwiler who is succeeding Franco Morra would also become a member of the Group Executive board.

In his role as CEO of UBS Switzerland, Gahwiler would be responsible for all businesses – retail and wealth management, corporate and institutional, and investment banking and asset management – that deal with Swiss clients. 

Before joining UBS, Gahwiler was Chief Credit Officer of Credit Suisse Private Banking.

 

"Gahwiler knows all parts of the banking business – retail banking, wealth management, corporate banking and investment," UBS AG CEO Oswald J Grubel said.