Sergio Ermotti Biography: Career, Children, Net Worth, Age, Wife, Parents, Wikipedia, Ethnicity
Sergio Ermotti serves as a prominent Swiss investment banker and executive, distinguished for his strategic leadership in global finance and his pivotal role in steering major institutions through complex market challenges.
With a career marked by innovative trading expertise and high-level management, he has solidified his position as a key influencer in Switzerland’s banking sector, overseeing transformations at UBS Group AG and beyond.
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Profile
- Full Name: Sergio Pietro Ermotti
- Stage Name: Sergio Ermotti
- Born: May 11, 1960
- Age: 65 years old
- Birthplace: Lugano, Switzerland
- Nationality: Swiss
- Occupation: Investment Banker And Executive
- Height: Unknown
- Parents: Mr and Mrs Ermotti
- Siblings: Unknown
- Spouse: Tina Ermotti
- Children: Two sons
- Relationship: Married
- Net Worth: $10 million USD
Early Life and Education
Sergio Ermotti is a prominent Swiss investment banker and executive. He entered the world on May 11, 1960, in Lugano, Switzerland.
Brought up by his parents, Mr and Mrs Ermotti, in a family connected to the local banking scene—his father worked at Cornèr Bank—he nurtured ambitions of becoming a professional footballer or sports teacher during his secondary school years.
Before pursuing higher studies, he completed an apprenticeship at Cornèr Bank from 1975 to 1985, gaining practical knowledge in accounting and finance while earning a Swiss federal banking expert diploma. He later enhanced his qualifications through the Advanced Management Program at Oxford University.
His ethnicity is Swiss with Italian roots, and his religion remains private.
Career
Sergio Ermotti embarked on his professional journey at Cornèr Bank in Lugano, where he advanced from securities training to trading roles, honing skills in foreign exchange and equity products. In 1986, he joined Citibank in Zurich as a trader and resident vice president, before moving to Merrill Lynch’s Swiss office in 1987.
Over 16 years there, he rose to head global derivatives trading in New York by 1996 and co-head of global equity markets by 2001, contributing to the executive management committee for investment banking.
Returning to Switzerland in 2004, he took on senior positions at UBS, including head of the investment bank and regional CEO for Europe, Middle East, and Africa. Appointed interim CEO in September 2011 amid a leadership crisis, he assumed the full role in November, guiding the firm through regulatory reforms and expansions until October 2020.
He briefly chaired Swiss Re from April 2021 to April 2023, focusing on reinsurance innovation. In 2023, he reclaimed the CEO position at UBS to lead the acquisition of Credit Suisse, emphasizing integration and risk management.
Fluent in Italian, German, French, and English, Ermotti has also served on boards like the Institute of International Finance, blending operational acumen with broader economic advocacy.
Social Media
Sergio Ermotti does not have social media account
Personal Life
Sergio Ermotti, 65, is a prominent Swiss investment banker and executive. He shares a committed marriage with Tina Ermotti, now in her mid-fifties, balancing his demanding schedule with family weekends that include time with their two grown sons, who are in their twenties and possibly pursuing paths in finance.
The family maintains a low public profile, residing primarily in Switzerland, where he finds respite in occasional leisure pursuits like watching films such as One Flew Over the Cuckoo’s Nest.
Ermotti has occasionally addressed speculation about entering Swiss politics, affirming his focus on business while cherishing the grounded support from his close-knit household.
Net Worth
Sergio Ermotti, is a prominent Swiss investment banker and executive. His net worth stands at an estimated $10 million USD, accumulated through executive compensation at UBS—exceeding SFr60 million over his tenure—along with banking bonuses and board roles.
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