UBS makes executive changes, appoints Beatriz Martin as group COO

Group Chief Compliance and Governance Officer Markus Ronner will be nominated as Vice Chairman of the UBS (UBS) Group Board of Directors at the Annual General Meeting in April 2026. In parallel, the following organizational changes will be made to the UBS Group Executive Board effective 1 January: Michelle Bereaux, Group Integration Officer, will take on the role of Group Head Compliance and Operational Risk Control. Beatriz Martin, Head of Non-Core and Legacy, will become Group COO. The role will include her current responsibilities as Lead for Sustainability and Impact and Head of Non-core and Legacy, as well as new responsibility for the finalization of the integration of Credit Suisse, Group Operations, and the Internal Consulting and Governance teams. In her new role, Beatriz will focus on the operational integration and alignment of UBS business divisions, focused on strategic key projects. She will also continue to act as President EMEA and UK Chief Executive. Mike Dargan, in his role as Group C%I, will focus on evolving UBS’s technology platforms and ensuring they remain efficient, resilient and targeted at the organization’s evolving needs. Responsibility for Governmental and Regulatory Affairs will be transferred to Group CFO Todd Tuckner. Group Security will be integrated into the Group Human Resources and Corporate Services organization led by Stefan Seiler.