UBS has hired executive search company Egon Zehnder International to help find a permanent chief executive officer following Oswald Grübel’s resignation, the WSJ says, citing a person familiar with the matter. The newspaper also says former JP Morgan Chase executive Bill Winters had been approached about the role. UBS later confirmed to the FT they had hired a headhunting company but declined to identify which one, and denied that Mr Winters had been approached. Sergio Ermotti, head of UBS’s European business and a former senior banker at UniCredit and Bank of America Merrill Lynch, has been widely tipped as the frontrunner after being named interim chief executive last weekend, the FT says, although the bank has emphasised that it will consider internal and external candidates.

This entry was posted by Kate Mackenzie on Friday, September 30th, 2011 at 4:48 and is featured in The 6am Cut London (30 Sep 2011) . Tagged with Bill Winters, oswald grubel, sergio ermotti, ubs. Edit this entry.