UBS (UBS) chair Colm Kelleher said he wants to line up three potential successors for CEO Sergio Ermotti within the next few years, aiming for a smooth succession process, Owen Walker and Stephen Morris of The Financial Times reports. External hires would bolster competition for the role, Kelleher said at the Financial Times’ Global Banking Summit. “Morgan Stanley (MS) was a bloodless coup – I would love to get to the stage in future where UBS could run the same playbook…with a number of credible candidates,” Kelleher said, according to the Times.
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