UBS Group AG, the world’s largest wealth manager and Switzerland’s biggest bank, is led by Sergio Ermotti, who is serving his second stint as Group CEO. First appointed in 2011, Ermotti led UBS for nine years before stepping down in 2020. He was recalled in April 2023 to lead the historic acquisition and integration of Credit Suisse — the biggest bank merger in Europe since the 2008 financial crisis. Starting as a 15-year-old banking apprentice who dreamed of becoming a professional footballer, Ermotti never attended a traditional university. In FY2025, UBS posted $47.9 billion in revenue with a net profit of $7.8 billion, up 53% year-over-year, while invested assets exceeded $7 trillion for the first time.

(Suggested: Deutsche Bank CEO – Christian Sewing)

Sergio Ermotti – Quick Facts

UBS Competitors

UBS operates in the highly competitive global banking and wealth management industry. The key competitors of UBS include:

• JPMorgan Chase (Wealth Management) – largest U.S. bank by assets
• Morgan Stanley (Wealth Management) – major U.S. wealth manager
• Goldman Sachs – global investment banking and asset management
• Deutsche Bank – Germany’s largest bank
• Julius Baer – Swiss private banking rival
• HSBC Private Banking – global private banking competitor
• BNP Paribas – France’s largest bank

Sergio Ermotti Net Worth 2026 – UBS CEO Salary

As of 2026, Sergio Ermotti’s net worth is estimated at approximately $100–150 million, accumulated across two CEO tenures at UBS totaling 13+ years and prior senior roles at Merrill Lynch and UniCredit. Ermotti is Europe’s highest-paid bank CEO. His total compensation for FY2024 was CHF 14.9 million (~$17 million), deliberately kept below the maximum amid Swiss political scrutiny over bankers’ pay following the Credit Suisse rescue.

UBS CEO Compensation Breakdown (FY2024)

UBS Net Worth 2026 – Is UBS Profitable?

Yes, UBS is highly profitable. Under CEO Sergio Ermotti, the bank posted a net profit of $7.8 billion in FY2025, up 53% year-over-year. The Credit Suisse integration is progressing well, and Group invested assets surpassed $7 trillion for the first time in UBS history.

UBS Financial Summary (FY2025)

(Recommended: JPMorgan Chase CEO Email & Net Worth – Jamie Dimon Salary)

UBS CEO Email Address | Sergio Ermotti Contact

Below are the official contact details and social media profiles for UBS CEO Sergio Ermotti:

Career & Education – Company, University, & College

Sergio Ermotti dreamed of becoming a professional footballer or sports teacher as a young man in Lugano. He started banking at 15 as an apprentice at Corner Bank, only as a “temporary measure.” He never attended a traditional university, instead earning credentials through the Swiss apprenticeship system — a path he frequently champions. He speaks four languages fluently: Italian, German, French, and English.

Sergio Ermotti Career Timeline

Before becoming UBS CEO, Sergio Ermotti built a distinguished career spanning nearly five decades in global banking. He spent 18 years at Merrill Lynch, rising from trading roles to Co-Head of Global Equity Markets and a seat on the Executive Committee. He then joined UniCredit in 2005 as Head of Markets & Investment Banking, eventually becoming Deputy CEO of the Italian banking giant.

In 2011, Ermotti was appointed Group CEO of UBS, where he led a major strategic restructuring that scaled back the investment bank and refocused on wealth management. After stepping down in 2020, he served as Chairman of Swiss Re before being recalled to UBS in April 2023 to lead the emergency acquisition and integration of Credit Suisse.

Education

Sergio Ermotti Wiki – Age, Family, & More

UBS CEO Sergio Ermotti (age 65) was born on May 11, 1960, in Lugano, in the Italian-speaking canton of Ticino, Switzerland. Before entering banking, he dreamed of becoming a professional football (soccer) player or sports teacher. He started his banking career at just 15 as an apprentice at Corner Bank — a path he took only as a “temporary” measure while waiting to pursue athletic dreams.

Ermotti is married to Tina Ermotti, and together they have two sons. He keeps his family life very private and away from media scrutiny. Despite his demanding schedule leading the world’s largest wealth manager, he makes time for his family on weekends. Ermotti champions alternative education routes, often noting that his apprenticeship background proves university is not the only path to top corporate leadership.

Personal Interests & Trivia

• Languages: Fluent in four languages — Italian (native), German, French, and English
• Football fan: Supports FC Lugano (Swiss) and A.C. Milan (Italian Serie A)
• Favorite films: The Sting (1973) and One Flew Over the Cuckoo’s Nest (1975)
• Planned departure: Initially planned to step down in April 2027, but UBS’s board may extend his tenure amid ongoing Swiss capital regulation disputes

UBS CEO Comparison Table

About UBS

UBS Group AG (SIX: UBSG / NYSE: UBS) is the world’s largest wealth manager and Switzerland’s biggest bank, with over $7 trillion in invested assets and approximately $1.57 trillion in total assets. Following the emergency acquisition of Credit Suisse in 2023, UBS has become one of the most systemically important financial institutions globally. The combined entity operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and the Investment Bank. Founded in 1862 (as Bank in Winterthur), UBS is headquartered in Zurich and employs approximately 109,000 people across 50+ countries.

Frequently Asked Questions (FAQ)

What is Sergio Ermotti’s net worth?

Sergio Ermotti’s net worth is estimated at $100–150 million as of 2026, accumulated across two CEO tenures at UBS totaling 13+ years and prior senior roles at Merrill Lynch and UniCredit.

Why did Ermotti return as UBS CEO?

Ermotti was recalled in April 2023 specifically to lead the historic emergency acquisition and integration of Credit Suisse — the biggest European bank merger since 2008. The Swiss government facilitated the deal to prevent a broader financial crisis.

Did Sergio Ermotti go to university?

No. Ermotti started banking at age 15 as an apprentice and never attended a traditional university. He earned a Swiss Federal Banking Expert diploma and completed Oxford’s Advanced Management Program.

Is Sergio Ermotti stepping down?

Ermotti initially planned to step down in April 2027, but as of early 2026, UBS’s board is seeking to extend his tenure amid ongoing disputes with Swiss regulators over capital requirements for systemically important banks.

How big is UBS after the Credit Suisse merger?

Combined UBS has over $7T in invested assets, $1.57T in total assets, ~109,000 employees, and operations in 50+ countries — making it the world’s largest wealth manager by a significant margin.

What languages does Ermotti speak?

Ermotti is fluent in four languages: Italian (native), German, French, and English.

Article last updated: March 2026