Board of Directors

• Chairperson of the Corporate Culture and Responsibility Committee since 2022
• Chairperson of the Governance and Nominating Committee since 2022

Nationality: Irish | Year of birth: 1957

Colm Kelleher was elected Chairman of UBS in April 2022. He served as President of Morgan Stanley until retiring from that firm in 2019, overseeing both the Institutional Securities Business and Wealth Management. Before that, he was Co-President and then President of Morgan Stanley Institutional Securities. During the global financial crisis, he held the position of CFO and Co-Head Corporate Strategy from 2007 to 2009. Mr. Kelleher is a well-respected leader in the financial services sector. His 30-year career with Morgan Stanley attests to his solid leadership experience in banking and excellent relationships around the world. He has a deep understanding of the global banking landscape and broad banking experience across all the geographic regions and major business areas in which UBS operates.

Education

• Master’s degree, modern history, the University of Oxford
• Fellow of the Institute of Chartered Accountants in England and Wales

Listed company boards

• Member of the Board of Norfolk Southern Corporation (chair of the finance and risk management committee)

Other activities and functions

• Member of the Board of Directors of the Bretton Woods Committee
• Member of the Board of the Swiss Finance Council
• Member of the Board of the International Monetary Conference
• Member of the Board of the Bank Policy Institute
• Member of the Board of Americans for Oxford
• Visiting Professor of Banking and Finance, Loughborough Business School
• Member of the European Financial Services Round Table
• Member of the European Banking Group
• Member of the International Advisory Council of the China Securities Regulatory Commission
• Member of the Chief Executive's Advisory Council (Hong Kong)
  

• Member of the Governance and Nominating Committee since 2023
• Member of the Risk Committee since 2023

Nationality: Swiss | Year of birth: 1965

Lukas Gähwiler brings a wealth of industry experience and an in-depth understanding of UBS to the Board. He served as Chairman of the Board of UBS Switzerland AG for five years and was a member of the Group Executive Board of UBS and President UBS Switzerland from 2010 to 2016, responsible for the private clients, wealth management, corporate and institutional clients, investment banking, and asset management businesses in UBS’s home market. Before joining UBS, Mr. Gähwiler worked for Credit Suisse for over twenty years, his last role being Chief Credit Officer, Global Private and Corporate Banking. In addition to his leadership and industry experience across all parts of the banking business, his strong connections and network, particularly in Switzerland, are instrumental for the firm.

Education

• Advanced Management Program, Harvard Business School
• MBA program, International Bankers School, New York
• Bachelor’s degree, business administration, University of Applied Sciences, St. Gallen

Non-listed company boards

• Vice Chairman of the Board of Directors of Pilatus Aircraft Ltd
• Member of the Board of Directors of Ringier AG

Other activities and functions

• Member of the Board and Board Committee of economiesuisse
  
• Chairman of the Employers Association of Banks in Switzerland
• Member of the Board of Directors of the Swiss Employers Association
• Member of the Board of Directors and the Board of Directors Committee of the Swiss Bankers Association
  
• Member of the Board of the Swiss Finance Council
• Member of the Board of Trustees of Avenir Suisse

• Member of the Governance and Nominating Committee since 2019
• Chairperson of the Audit Committee since 2018

Nationality: British | Year of birth: 1958

Jeremy Anderson is a financial services veteran, with more than 30 years’ experience working in the banking and insurance sector in an advisory capacity, covering a broad range of topics, including strategy, audit and risk management, technology-enabled transformation, mergers, and bank restructuring. Before retiring from KPMG in 2017, he was its Chairman of Global Financial Services. Mr. Anderson is also an IT expert, having started out as a software developer in the early 1980s, before working in IT consulting and developing a broad knowledge of systems integration and IT outsourcing services, as well as software development. He cemented his reputation as a tech specialist by becoming a founding sponsor of KPMG’s Global Fintech Network in 2014.

Education

• Bachelor’s degree, economics, University College London
  

Listed company boards

• Member of the Board of Prudential plc (chair of the risk committee)

Non-listed company boards

• Chairman of Lamb’s Passage Holding Ltd

Other activities and functions

• Member of the Board of Directors of Credit Suisse International
  
• Trustee of the UK’s Productivity Leadership Group

• Member of the Corporate Culture and Responsibility Committee since 2022

Nationality: Swiss and German | Year of birth: 1964

Claudia Böckstiegel has been General Counsel and a member of the Enlarged Executive Committee of Roche Holding AG since 2020. She started her professional career as an attorney in private practice in Germany, then joined the Swiss pharmaceutical company Roche in Germany in 2001 and subsequently held various global legal management positions at Roche in Switzerland. Ms. Böckstiegel brings a wealth of know-how in a highly regulated sector including safety, health and environment and sustainability. Her responsibilities at Roche Holding AG include a broad range of topics, such as patents, audit and risk advisory and compliance.
 

Education

• Master’s degree, law, Universities of Mannheim and Heidelberg
• Master of Laws (LL.M.), Georgetown University, Washington, DC

Listed company boards

• Member of the Enlarged Executive Committee of Roche Holding AG

Other activities and functions

• Member of the Chairman’s Committee of the Board of the Chamber of Commerce Germany-Switzerland

• Member of the Corporate Culture and Responsibility Committee since 2019
• Member of the Risk Committee since 2019

Nationality: American (US) | Year of birth: 1953

William C. Dudley served as the President and CEO of the Federal Reserve Bank of New York for nine years. He demonstrated exceptional leadership in monetary policy and as a top regulator, including during the years of the global financial crisis. During that period, his additional area of focus included cultural behavior and social and governance topics in the financial services industry. He also served as the Vice Chairman and a permanent member of the Federal Open Market Committee. Mr. Dudley brings a wealth of experience in banking and research thanks to his former management positions at Goldman Sachs Group and Morgan Guaranty Trust.

Education

• Bachelor of Arts, New College of Florida
• Doctorate, economics, University of California, Berkeley
  

Non-listed company boards

• Member of the Advisory Board of Suade Labs

Other activities and functions

• Senior Advisor to the Griswold Center for Economic Policy Studies, Princeton University
• Member of the Group of Thirty
• Member of the Council on Foreign Relations
• Chairman of the Bretton Woods Committee Board of Directors
• Member of the Board of the Council for Economic Education

• Member of the Audit Committee since 2021
• Member of the Corporate Culture and Responsibility Committee since 2021

Nationality: Swiss | Year of birth: 1962

Patrick Firmenich was Chairman of the Board of Firmenich International SA, a privately owned fragrances and flavorings company, from 2016 to 2023 and its CEO for 12 years. In 2023, he became Vice Chairman of dsm firmenich, a listed company. He has demonstrated his entrepreneurial leadership by significantly advancing the Firmenich group’s global position through organic and in-organic growth and succeeded in transforming the organization to continuously respond to client needs and the market environment. He developed an ambitious sustainability strategy for the group to lead the industry in health, safety and environmental performance. Before joining Firmenich, he held several positions in the legal and banking sectors, including working as an international investment banking analyst.

Education

• Master’s degree, law, University of Geneva, admitted to the bar in Geneva
• MBA, INSEAD Fontainebleau
  

Listed company boards

• Vice Chairman of the Board of dsm-firmenich (chair of the Governance and Nomination Committee)

Other activities and functions

• Member of the Board of Directors of INSEAD and INSEAD World Foundation
• Member of the Advisory Council of the Swiss Board Institute

• Member of the Governance and Nominating Committee since 2020
• Member of the Compensation Committee since 2024

Nationality: Chinese | Year of birth: 1963

Fred Hu has been the Chairman and CEO of Primavera Capital Group, an Asia-based private investment firm focused on emerging technology and innovative industries, since founding it in 2010. Prior to that, he was a partner and Chairman for Greater China at Goldman Sachs. Mr. Hu has a profound understanding of China’s economy and rapidly developing financial system, and a vast amount of experience advising and investing in leading firms in the tech, consumer and health-care sectors in China
and globally. He has worked at the IMF and advised the Chinese government on economic policy.
 

Education

• Master’s degree, engineering science, Tsinghua University
• Master’s degree and doctorate, economics, Harvard University
  

Listed company boards

• Non-executive Chairman of the Board of Yum China Holdings (chair of the nomination and governance committee)
• Member of the Board of ICBC (chair of the nomination committee)

Non-listed company boards

• Chairman of Primavera Capital Ltd

Other activities and functions

• Trustee of the China Medical Board
• Co-Chairman of the Nature Conservancy Asia Pacific Council
• Member of the Board of Trustees, the Institute for Advanced Study

• Chairperson of the Risk Committee since 2020
• Member of the Corporate Culture and Responsibility Committee since 2020

Nationality: Canadian, British and American (US) | Year of birth: 1958

Mark Hughes is a highly experienced professional in the financial services sector, having spent more than 35 years working for RBC (the Royal Bank of Canada) in Canada, the US and the UK. In his final role as Group Chief Risk Officer of RBC, he was responsible for the strategic management of risk on an enterprise-wide basis and oversaw all risk functions. During his career, Mr. Hughes has also held senior management positions in the front office and key operational roles. Currently, he is a visiting lecturer at Leeds University and is chair of the Global Risk Institute, bringing an enormous amount of experience as a risk specialist to the Board of Directors of UBS.

Education

• Bachelor of Laws (LL.B.), University of Leeds
• MBA, finance, University of Manchester

Other activities and functions

• Chair of the Board of Directors of the Global Risk Institute
  
• Senior advisor to McKinsey & Company

• Member of the Governance and Nominating Committee since 2024
  

Nationality: Australian | Year of birth: 1956

Gail Kelly brings more than 35 years of banking experience in South Africa and Australia to the board. She served as the Group CEO and Managing Director for two banks in Australia: St. George Bank, from 2002 to 2007, followed by Westpac Banking Corporation, from 2008 to 2015. During her tenure as CEO, she navigated Westpac through the challenges of the Global Financial Crisis in 2008–2009 and the successful merger with St. George Bank in 2008, the largest in-market financial services merger in Australia. After her executive career, Ms. Kelly continues to hold a portfolio of roles, leveraging her experience and insights as a global leader. She was a Senior Global Advisor for UBS from 2016 to 2023.

Education

• Bachelor of Arts, University of Cape Town

• MBA, University of Witwatersrand, South Africa
  

Listed company boards

• Member of the Board of Singtel Communications (Chairperson of the Executive Resource and Compensation Committee)

Other activities and functions

• Member of the Group of Thirty

• Member of the Board of Directors of the Bretton Woods Committee

• Member of the Board of Directors of the Australia Philanthropic Services

• Member of the Australian American Leadership Dialogue Advisory Board

• Senior advisor to McKinsey & Company
  

• Member of the Governance and Nominating Committee since 2022
  
• Member of the Audit Committee since 2024

Nationality: French | Year of birth: 1957

Nathalie Rachou is a seasoned expert in financial services, having held a number of banking positions, such as CEO of Prime Brokerage and head of a business line in Capital Markets at Crédit Agricole Indosuez in the UK and in France. In 1999, she founded a London-based asset management company that merged with a French asset manager and continued as a senior adviser until 2020. Alongside these roles, Ms. Rachou brings extensive experience from serving as a board member of Société Générale for 12 years. Currently, she sits on the board of the listed pan-European bourse, Euronext N.V.

Education

• Master’s degree, management, HEC Paris
• MBA, INSEAD Fontainebleau
  

Listed company boards

• Member of the Board of Euronext N.V. (chair of the remuneration committee)

Non-listed company boards

• Member of the Board of the African Financial Institutions Investment Platform

Other activities and functions

• Member of the Board of Directors of Fondation Léopold Bellan

• Chairperson of the Compensation Committee since 2019
• Member of the Risk Committee since 2017
  

Nationality: American (US) | Year of birth: 1963

Julie G. Richardson spent more than 25 years on Wall Street as a senior investment banker with a focus on telecom, media and technology. She began her career at Merrill Lynch, before moving to JPMorgan Chase, where she headed the telecommunications, media and technology investment banking group. Later, she moved into private equity, as head of the New York office of Providence Equity Partners. Throughout her career, Ms. Richardson has spent significant time with both incumbent and new technology companies, including being a board member of a digital knowledge management company, a leading cloud monitoring firm and a cyber insurance company.

Education

• Bachelor’s degree, business administration, University of Wisconsin-Madison

Listed company boards

• Member of the Board of Yext (chair of the audit committee)
• Member of the Board of Datadog (chair of the audit committee)

Non-listed company boards

• Member of the Board of Fivetran
  
• Member of the Board of Coalition, Inc.

• Member of the Compensation Committee since 2020
• Member of the Audit Committee since 2019

Nationality: Singaporean | Year of birth: 1960

Jeanette Wong has spent more than 30 years working in the financial sector in Singapore. She retired from DBS Group in 2019, where she was Group Executive responsible for the institutional banking business, a post that encompassed corporate banking, global transaction services, strategic advisory, and mergers and acquisitions. Prior to that, she held the position of CFO at DBS Bank. During a 16-year career with JPMorgan, Ms. Wong helped build up its Asia FX, Fixed Income and emerging markets business. She brings extensive experience from serving as a member of the board of directors of two high-value listed companies.

Education

• Bachelor’s degree, business administration, the National University of Singapore
• MBA, University of Chicago

Listed company boards

• Member of the Board of Prudential plc
• Member of the Board of Singapore Airlines Limited

Non-listed company boards

• Member of the Board of GIC Pte Ltd
• Member of the Board of PSA International
• Member of the Board of Pavilion Capital Holdings Pte Ltd

Other activities and functions

• Chairman of the CareShield Life Council
• Member of the Securities Industry Council
• Member of the Board of Trustees of the National University of Singapore

Education

• Swiss Federal Diploma as a Business Analyst
• MBA, INSEAD Fontainebleau

Other activities and functions

• Chairman of the Board of Directors of the Savoy Baur en Ville, Zurich