Swiss Re Chairman Ermotti to step down on April 30
ZURICH (Reuters) - Swiss Re Chairman Sergio Ermotti will step down from his post on April 30, the company said on Thursday, to "fully focus" on his new role as chief executive of UBS.
Jacques de Vaucleroy, Swiss Re Vice Chairman and Lead Independent Director, will lead the search for a successor and will chair the board in the interim, it added.
Ermotti, who has been chairman of Swiss Re since 2021, is returning to UBS where he will oversee the massive merger with rival Swiss bank Credit Suisse.
(Reporting by John Revill, Editing by Rachel More)