Audit Committee

Members

Chairperson

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

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.

Professional experience

Professional experience

Years

Role/function

2010 – 2017

Chairman of Global Financial Services, KPMG International

2008 – 2011

Head of Clients and Markets KPMG Europe, KPMG International

2006 – 2011

Head of Financial Services KPMG Europe, KPMG International

2004 – 2006

Head of Financial Services KPMG UK, KPMG International

2002 – 2004

Member of the Group Management Board and Head of UK operations, Atos Origin SA

1985 – 2002

KPMG consulting UK, KPMG

1980 – 1985

Software developer, Triad Computing Systems

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

Members

Photo of Patrick Firmenich
  • 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.

Professional experience

Professional experience

Years

Role/function

2016 – 2023

Chairman of the Board of Firmenich International SA, Geneva

2014 – 2016

Vice Chairman of the Board, Firmenich International SA, Geneva

2002 – 2014

CEO, Firmenich SA, Geneva

2001 – 2002

Corporate Vice President, Special Operations, Firmenich SA, Geneva

1997 – 2001

Vice President Fine Fragrance worldwide and Président Directeur Général, Firmenich & Cie, Paris and Firmenich Inc, New York

1993 – 1997

Vice President Fine Fragrance North America, Firmenich Inc, New York

1990 – 1993

Account Manager, Firmenich & Cie, Paris

1988 – 1989

Analyst, International Investment Banking, Credit Suisse First Boston

1988

Production administrator, Firmenich SA de CV, Mexico

1984 – 1986

Attorney, Business Law, Patry, Junet, Simon & Le Fort, Geneva

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 La Fondation Mondiale INSEAD
  • Member of the Advisory Council of the Swiss Board Institute

Photo of  Aleksandar Ivanovic

Lila Tretikov

  • Member of the Audit Committee since 2025

Nationality: American (US) and French | Year of birth: 1978

Lila Tretikov is widely recognized as a leading authority on artificial intelligence (AI) and technology-driven business transformation. She currently serves as a Partner at New Enterprise Associates, Inc. (NEA), a prominent Silicon Valley venture capital firm, where she leads AI strategy. From 2018 to 2024, Ms. Tretikov held senior executive roles at Microsoft Corporation, culminating in her position as Deputy Chief Technology Officer, overseeing major AI initiatives that drove significant strategic transformation. Prior to that, she served as Senior Vice President and CEO & Vice Chair Terrawatt at Engie SA, a global energy company headquartered in France. Earlier in her career, Ms. Tretikov was CEO of the Wikimedia Foundation & Wikipedia Endowment, where she pioneered Wikipedia’s AI strategy. A distinguished software engineer and programmer, she continues to shape the landscape of AI adoption, innovation and policy worldwide.

Professional experience

Professional experience

Years

Role/function

2024 – date

Partner and Head of Artificial Intelligence Strategy, New Enterprise Associates, Inc., USA

2020  – 2024

Corporate Vice President and Deputy Chief Technology Officer, Microsoft Corporation, USA

2018 – 2020

Corporate Vice President, Artificial Intelligence, Perception and Mixed Reality, Microsoft Corporation, USA

2016 – 2018

Senior Vice President and CEO & Vice Chair Terrawatt, Engie SA/Terrawatt initiative, France

2014 – 2016

CEO, Wikimedia Foundation & Wikipedia Endowment, USA

2007 – 2014

Chief Product Officer and Chief Officer of product, marketing, cloud infrastructure, IT, support and services, SugarCRM, USA

2005 – 2007

General Manager, mobile and software, Evolving Systems, USA

2004 – 2005

General Manager, risk & compliance, SOX digital, Bank of America Corporation, USA

1993 – 2006

Various technical roles, Early Career

Education

  • Studies in computer science (specializing in AI) and in visual art at the University of California, Berkeley
  • Graduate programs at University of Oxford’s Saïd Business School and Stanford University's Directors' College

Listed company boards

  • Member of the Board of Volvo Car Corporation
  • Member of the Board of Xylem Inc.
  • Member of the Board of Zendesk Inc.

Listed company boards

  • Member of the Advisory Board Affinidi
  • Member of the Board of Backflip

      Other activities and functions

      • Member of the Advisory Board of Capgemini SE

      Photo of Jeanette Wong
      • Member of the Audit Committee since 2019
      • Member of the Compensation Committee since 2020

      Nationality: Singaporean | Year of birth: 1960

      Jeanette Wong has more than 30 years of operational experience 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. She has also held the positions of Director of DBS Bank (China) Limited, Chairperson of DBS Bank (Taiwan) Ltd and CFO of DBS Group. 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.

      Professional experience

      Professional experience

      Years

      Role/function

      2008 – 2019

      Group Executive institutional banking business, DBS Bank, Singapore

      2003 – 2008

      CFO, DBS Bank, Singapore

      2003

      Chief Administration Officer, DBS Bank, Singapore

      1997 – 2002

      Country Manager Singapore, JPMorgan, Singapore

      1986 – 1997

      Various roles in Global Markets and Emerging Markets Sales and Trading business, Asia, JPMorgan, Singapore

      1984 – 1986

      Manager, Private Banking, Citibank, Singapore

      1982 – 1984

      Manager, Corporate Banking, Paribas, Singapore

      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

      The Committee operates under the Audit Committee Charter as described in the Organization Regulations.


      Compensation Committee

      Members

      Chairperson

      Photo of Julie G. Richardson
      • 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 and private equity investor 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, and subsequently senior advisor, of the New York office of Providence Equity Partners, where she spearheaded many important investments and buyouts. Throughout her career, Ms. Richardson has spent substantial amounts of time with both incumbent and new technology companies, acting as an independent board member of a digital knowledge management company, a leading cloud monitoring firm and a cyber insurance company.

      Professional experience

      Professional experience

      Years

      Role/function

      2012 – 2014

      Senior advisor, Providence Equity Partners, New York

      2003 – 2012

      Partner and Head of the New York office, Providence Equity Partners, New York

      1998 – 2003

      Vice Chairman of the Investment Banking division of JPMorgan Chase & Co. and Head of its Global Telecommunications, Media and Technology group

      1986 – 1998

      Various positions at Merrill Lynch, final position: Managing Director Media and Communications Investment Banking

      Education

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

      Listed company boards

      • 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.

        Members

        Photo of Dieter Wemmer
        • Member of the Compensation Committee since 2025
        • Member of the Governance and Nominating Committee since 2024

        Nationality: Australian | Year of birth: 1956

        Gail Kelly brings  to the board more than 35 years of banking experience in South Africa and Australia. 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, Ms. Kelly navigated Westpac through the challenges of the global financial crisis in 2008 and 2009 and the successful merger with St. George Bank in 2008, the largest in-market financial services merger in Australia. At the time of her retirement from that firm, the Westpac Group was the 12th largest bank in the world in terms of market capitalization. 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.

        Professional experience

        Professional experience

        Years

        Role/function

        2008 – 2015

        Group CEO and Managing Director, Westpac Banking Corporation

        2002 – 2007

        Group CEO and Managing Director, St. George Bank

        1999 – 2001

        Group Executive, Customer Service Division, Commonwealth Bank of Australia

        1997 – 1999

        Group Manager, Strategic Marketing, Commonwealth Bank of Australia

        1990 – 1997

        Various General Manager positions, Nedbank Group, South Africa

        Education

        • Bachelor of Arts, the University of Cape Town
        • MBA, University of Witwatersrand, Johannesburg

        Listed company boards

        • Member of the Board of Singtel Communications (chair 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
        Photo of Jeanette Wong
        • Member of the Audit Committee since 2019
        • Member of the Compensation Committee since 2020

        Nationality: Singaporean | Year of birth: 1960

        Jeanette Wong has more than 30 years of operational experience 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. She has also held the positions of Director of DBS Bank (China) Limited, Chairperson of DBS Bank (Taiwan) Ltd and CFO of DBS Group. 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.

        Professional experience

        Professional experience

        Years

        Role/function

        2008 – 2019

        Group Executive institutional banking business, DBS Bank, Singapore

        2003 – 2008

        CFO, DBS Bank, Singapore

        2003

        Chief Administration Officer, DBS Bank, Singapore

        1997 – 2002

        Country Manager Singapore, JPMorgan, Singapore

        1986 – 1997

        Various roles in Global Markets and Emerging Markets Sales and Trading business, Asia, JPMorgan, Singapore

        1984 – 1986

        Manager, Private Banking, Citibank, Singapore

        1982 – 1984

        Manager, Corporate Banking, Paribas, Singapore

        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

        The Committee operates under the Compensation Committee Charter as described in the Organization Regulations.


        Corporate Culture and Responsibility Committee

        Members

        Chairperson

        • 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. In March 2023, he led the successful negotiations for UBS to acquire the Credit Suisse Group. 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 geographical regions and major business areas in which UBS operates.

        Professional experience

        Professional experience

        Years

        Role/function

        2016 – 2019

        President Morgan Stanley, responsible for Institutional Securities and Wealth Management

        2011 – 2016

        CEO of Morgan Stanley International, Morgan Stanley

        2013 – 2015

        President, Institutional Securities, Morgan Stanley

        2010 – 2012

        Co-President, Institutional Securities, Morgan Stanley

        2007 – 2009

        CFO and Co-Head Corporate Strategy, Morgan Stanley

        2006 – 2007

        Head Global Capital Markets, Morgan Stanley 

        2004 – 2006

        Co-Head Fixed Income, Europe, Morgan Stanley

        1989 – 2004

        Various roles, Morgan Stanley

        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)

        Members

        Photo of William C. Dudley
        • 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.

        Professional experience

        Professional experience

        Years

        Role/function

        2009 – 2018

        President and CEO, the Federal Reserve Bank of New York

        2007 – 2009

        Executive Vice President and Head Markets Group, the Federal Reserve Bank of New York

        2006

        Senior advisor (part-time), Goldman Sachs Group

        2002 – 2005

        Partner and Director US Economic Research Group, Goldman Sachs Group

        1996 – 2002

        Managing Director and Director US Economic Research Group, Goldman Sachs Group

        1983 – 1996

        Economist at Goldman Sachs Group, Morgan Guaranty Trust Company, and Board of Governors of the Federal Reserve System

        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

        Photo of Patrick Firmenich
        • 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.

        Professional experience

        Professional experience

        Years

        Role/function

        2016 – 2023

        Chairman of the Board of Firmenich International SA, Geneva

        2014 – 2016

        Vice Chairman of the Board, Firmenich International SA, Geneva

        2002 – 2014

        CEO, Firmenich SA, Geneva

        2001 – 2002

        Corporate Vice President, Special Operations, Firmenich SA, Geneva

        1997 – 2001

        Vice President Fine Fragrance worldwide and Président Directeur Général, Firmenich & Cie, Paris and Firmenich Inc, New York

        1993 – 1997

        Vice President Fine Fragrance North America, Firmenich Inc, New York

        1990 – 1993

        Account Manager, Firmenich & Cie, Paris

        1988 – 1989

        Analyst, International Investment Banking, Credit Suisse First Boston

        1988

        Production administrator, Firmenich SA de CV, Mexico

        1984 – 1986

        Attorney, Business Law, Patry, Junet, Simon & Le Fort, Geneva

        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 La Fondation Mondiale INSEAD
        • Member of the Advisory Council of the Swiss Board Institute

        Photo of Mark Hughes
        • 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 frequent lecturer at the University of Leeds and the University of Manchester (both in England) 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.

        Professional experience

        Professional experience

        Years

        Role/function

        2014 – 2018

        Group Chief Risk Officer and member Group Executive Committee, RBC

        2013

        Deputy Chief Risk Officer, RBC

        2008 – 2013

        COO, RBC Capital Markets, RBC

        2001 – 2008

        Head of Global Credit, RBC

        1999 – 2001

        Head of Debt Products, RBC

        1998 – 1999

        Senior Vice President and General Manager USA, RBC

        1997 – 1998

        Senior Vice President Financial Services, RBC

        1982 – 1996

        Various positions, RBC

        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

        Photo of  Aleksandar Ivanovic

        Renata Jungo Brüngger

        • Member of the Corporate Culture and Responsibility Committee since 2025

        Nationality: Swiss | Year of birth: 1961

        Renata Jungo Brüngger is a highly respected professional with extensive experience in legal affairs, governance, integrity and sustainability. She has been a member of the Board of Management of Daimler AG – now Mercedes-Benz Group AG – since 2016 and is appointed until October 2025. Her responsibilities include the areas of Integrity, Governance, and Sustainability throughout the Mercedes-Benz Group AG, its Group’s Legal Department, the Compliance, Legal Product and Technology Organization, as well as Corporate Data Protection and Corporate Audit. Furthermore, she is responsible for overseeing the implementation of integrity and sustainability management across the company. Ms. Jungo Brüngger joined the former Daimler AG as Head of Legal and Executive Vice President in 2011. Previously, she was General Counsel for Corporate EMEA and Vice President/General Counsel for Emerson Process Management EMEA, Emerson Electric (Switzerland, USA) and before that worked for the Legal Department of Metro Holding AG and the Swiss law firm Bär & Karrer.

        Professional experience

        Professional experience

        Years

        Role/function

        2019 – date

        Member of the Board of Management for Integrity, Governance & Sustainability, Mercedes Benz Group AG (formerly Daimler AG) and Mercedes Benz AG

        2016  – 2019

        Member of the Board of Management for Integrity & Legal Affairs, Daimler AG

        2011 – 2015

        Head of Legal and Executive Vice President, Daimler AG

        2000 – 2011

        General Counsel Corporate EMEA & Vice President/General Counsel Emerson Process Management EMEA, Emerson Electric, Switzerland and USA

        1995 – 2000

        Corporate Legal Counsel, Divisional Director, Metro Holding AG, Switzerland and Germany

        1994

        Secondment, Sidley & Austin, USA

        1990 – 1994

        Lawyer (Associate), Bär & Karrer, Switzerland

        Education

        • Masters of Laws (LL.M.) in international commercial law, specializing in intellectual property rights and technology and information rights, University of Zurich, Switzerland
        • Admission to the Bar
        • Licentiate (Bilingual German/French) in Law (Lic. iur.), University of Fribourg, Switzerland

        Listed company boards

        • Member of the Supervisory Board of Daimler Truck Holding AG
        • Member of the Supervisory Board of Daimler Truck AG
        • Member of the Supervisory Board of Munich Re (chair of remuneration committee)

          Other activities and functions

          • Member of the Board of Trustees of Internationale Bachakademie Stuttgart
          • Member of the Board of Trustees of Gesellschaft der Freunde von Bayreuth e. V. (Friends of Bayreuth)

          Additional attendees

          • Sergio P. Ermotti, Group Chief Executive Officer
          • Beatriz Martin Jimenez, GEB Lead for Sustainability and Impact
          • Barbara Levi, Group General Counsel
          • Damian Vogel, Group Chief Risk Officer
          • Michael Baldinger, Chief Sustainability Officer

          The Committee operates under the Corporate Culture and Responsibility Committee Charter as described in the Organization Regulations.


          Governance and Nominating Committee

          Members

          Chairperson

          • 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. In March 2023, he led the successful negotiations for UBS to acquire the Credit Suisse Group. 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 geographical regions and major business areas in which UBS operates.

          Professional experience

          Professional experience

          Years

          Role/function

          2016 – 2019

          President Morgan Stanley, responsible for Institutional Securities and Wealth Management

          2011 – 2016

          CEO of Morgan Stanley International, Morgan Stanley

          2013 – 2015

          President, Institutional Securities, Morgan Stanley

          2010 – 2012

          Co-President, Institutional Securities, Morgan Stanley

          2007 – 2009

          CFO and Co-Head Corporate Strategy, Morgan Stanley

          2006 – 2007

          Head Global Capital Markets, Morgan Stanley 

          2004 – 2006

          Co-Head Fixed Income, Europe, Morgan Stanley

          1989 – 2004

          Various roles, Morgan Stanley

          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)

          Members

          • 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 of Directors of UBS. He served as Chairman of the Board of UBS Switzerland AG for five years and was previously a member of the Group Executive Board of UBS and President UBS Switzerland, 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. After the acquisition of the Credit Suisse Group in 2023, Mr. Gähwiler served as Chairman of Credit Suisse AG.

          Professional experience

          Professional experience

          Years

          Role/function

          2023 - May 2024

          Chairman of the Board of Directors of Credit Suisse AG

          2017 - 2022

          Chairman of the Board of Directors of UBS Switzerland AG

          2010 - 2016

          Member of the Group Executive Board, UBS and President UBS Switzerland

          2003 - 2010

          Chief Credit Officer, Global Private and Corporate Banking, Credit Suisse

          2002 - 2003

          Head Credit Risk Management, Corporate Clients Switzerland, Credit Suisse

          1998 - 2001

          Chief of Staff to CEO, Private and Corporate Clients, Credit Suisse 

          1990 - 1998

          Various senior front office roles in Corporate Clients in Switzerland and North America, Credit Suisse

          1981 - 1986

          Client Advisor Retail and Wealth Management, St. Galler Kantonalbank

          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

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

          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.

          Professional experience

          Professional experience

          Years

          Role/function

          2010 – 2017

          Chairman of Global Financial Services, KPMG International

          2008 – 2011

          Head of Clients and Markets KPMG Europe, KPMG International

          2006 – 2011

          Head of Financial Services KPMG Europe, KPMG International

          2004 – 2006

          Head of Financial Services KPMG UK, KPMG International

          2002 – 2004

          Member of the Group Management Board and Head of UK operations, Atos Origin SA

          1985 – 2002

          KPMG consulting UK, KPMG

          1980 – 1985

          Software developer, Triad Computing Systems

          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

          Photo of Fred Hu
          • Member of the Governance and Nominating Committee since 2020

          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. In that role he oversees the overall strategy, talent development, and culture, and assumes the primary responsibilities for establishing and maintaining the long-term partnerships with global investors. 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 in founding, 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.
           

          Professional experience

          Professional experience

          Years

          Role/function

          2010 – date

          Founder, Chairman and CEO, Primavera Capital Group, China

          2008 – 2010

          Partner and Chairman of Greater China, Goldman Sachs

          2004 – 2008

          Partner and Co-Head, Investment Banking, China, Goldman Sachs

          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

          Photo of Dieter Wemmer
          • Member of the Compensation Committee since 2025
          • Member of the Governance and Nominating Committee since 2024

          Nationality: Australian | Year of birth: 1956

          Gail Kelly brings  to the board more than 35 years of banking experience in South Africa and Australia. 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, Ms. Kelly navigated Westpac through the challenges of the global financial crisis in 2008 and 2009 and the successful merger with St. George Bank in 2008, the largest in-market financial services merger in Australia. At the time of her retirement from that firm, the Westpac Group was the 12th largest bank in the world in terms of market capitalization. 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.

          Professional experience

          Professional experience

          Years

          Role/function

          2008 – 2015

          Group CEO and Managing Director, Westpac Banking Corporation

          2002 – 2007

          Group CEO and Managing Director, St. George Bank

          1999 – 2001

          Group Executive, Customer Service Division, Commonwealth Bank of Australia

          1997 – 1999

          Group Manager, Strategic Marketing, Commonwealth Bank of Australia

          1990 – 1997

          Various General Manager positions, Nedbank Group, South Africa

          Education

          • Bachelor of Arts, the University of Cape Town
          • MBA, University of Witwatersrand, Johannesburg

          Listed company boards

          • Member of the Board of Singtel Communications (chair 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


          The Committee operates under the Governance and Nominating Committee Charter as described in the Organization Regulations.


          Risk Committee

          Members

          Chairperson

          Photo of Mark Hughes
          • 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 frequent lecturer at the University of Leeds and the University of Manchester (both in England) 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.

          Professional experience

          Professional experience

          Years

          Role/function

          2014 – 2018

          Group Chief Risk Officer and member Group Executive Committee, RBC

          2013

          Deputy Chief Risk Officer, RBC

          2008 – 2013

          COO, RBC Capital Markets, RBC

          2001 – 2008

          Head of Global Credit, RBC

          1999 – 2001

          Head of Debt Products, RBC

          1998 – 1999

          Senior Vice President and General Manager USA, RBC

          1997 – 1998

          Senior Vice President Financial Services, RBC

          1982 – 1996

          Various positions, RBC

          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

          Members

          • 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 of Directors of UBS. He served as Chairman of the Board of UBS Switzerland AG for five years and was previously a member of the Group Executive Board of UBS and President UBS Switzerland, 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. After the acquisition of the Credit Suisse Group in 2023, Mr. Gähwiler served as Chairman of Credit Suisse AG.

          Professional experience

          Professional experience

          Years

          Role/function

          2023 - May 2024

          Chairman of the Board of Directors of Credit Suisse AG

          2017 - 2022

          Chairman of the Board of Directors of UBS Switzerland AG

          2010 - 2016

          Member of the Group Executive Board, UBS and President UBS Switzerland

          2003 - 2010

          Chief Credit Officer, Global Private and Corporate Banking, Credit Suisse

          2002 - 2003

          Head Credit Risk Management, Corporate Clients Switzerland, Credit Suisse

          1998 - 2001

          Chief of Staff to CEO, Private and Corporate Clients, Credit Suisse 

          1990 - 1998

          Various senior front office roles in Corporate Clients in Switzerland and North America, Credit Suisse

          1981 - 1986

          Client Advisor Retail and Wealth Management, St. Galler Kantonalbank

          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

          Photo of William C. Dudley
          • 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.

          Professional experience

          Professional experience

          Years

          Role/function

          2009 – 2018

          President and CEO, the Federal Reserve Bank of New York

          2007 – 2009

          Executive Vice President and Head Markets Group, the Federal Reserve Bank of New York

          2006

          Senior advisor (part-time), Goldman Sachs Group

          2002 – 2005

          Partner and Director US Economic Research Group, Goldman Sachs Group

          1996 – 2002

          Managing Director and Director US Economic Research Group, Goldman Sachs Group

          1983 – 1996

          Economist at Goldman Sachs Group, Morgan Guaranty Trust Company, and Board of Governors of the Federal Reserve System

          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

          Photo of Julie G. Richardson
          • 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 and private equity investor 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, and subsequently senior advisor, of the New York office of Providence Equity Partners, where she spearheaded many important investments and buyouts. Throughout her career, Ms. Richardson has spent substantial amounts of time with both incumbent and new technology companies, acting as an independent board member of a digital knowledge management company, a leading cloud monitoring firm and a cyber insurance company.

          Professional experience

          Professional experience

          Years

          Role/function

          2012 – 2014

          Senior advisor, Providence Equity Partners, New York

          2003 – 2012

          Partner and Head of the New York office, Providence Equity Partners, New York

          1998 – 2003

          Vice Chairman of the Investment Banking division of JPMorgan Chase & Co. and Head of its Global Telecommunications, Media and Technology group

          1986 – 1998

          Various positions at Merrill Lynch, final position: Managing Director Media and Communications Investment Banking

          Education

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

          Listed company boards

          • 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.

            The Committee operates under the Risk Committee Charter as described in the Organization Regulations.


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