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Aleksandar Ivanovic, UBS’s Asset Management chief, has surfaced as one of the leading candidates to succeed CEO Sergio Ermotti, according to the Financial Times. With UBS navigating the integration of Credit Suisse, Ivanovic’s leadership profile and recent promotion to the Group Executive Board strengthen his position in the succession race.
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UBS is entering a crucial phase of leadership planning, and Aleksandar Ivanovic, President of Asset Management, is increasingly seen as a frontrunner to succeed current CEO Sergio Ermotti.
Key Highlights
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Rising leadership profile: Ivanovic was appointed President of Asset Management in early 2024, joining UBS’s Group Executive Board after Suni Harford’s retirement.
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Succession spotlight: The Financial Times reports Ivanovic has emerged as one of the executives most likely to take over from Ermotti, who is expected to step down in late 2026 or early 2027.
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Strategic credentials: Ivanovic previously led client coverage globally and spearheaded strategy across EMEA and Switzerland, giving him deep operational and market expertise.
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Industry context: UBS’s succession planning comes amid its ongoing integration of Credit Suisse, with Ermotti emphasizing the importance of grooming internal candidates.
Market Implications
Ivanovic’s candidacy signals UBS’s intent to maintain continuity and leverage internal talent for stability during a transformative period. His asset management background positions him to balance growth ambitions with risk management in a post-Credit Suisse era.
Sources: Financial Times, UBS Global LeadershipUBS, UBS Media Releases
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