Lukas Gähwiler will not stand for re-election to the Board of Directors of UBS Group AG at the Annual General Meeting (AGM) in April 2026.
After a career spanning 45 years, he has decided to retire as Vice Chairman of the Board of Directors, ending his long career in banking.
Lukas Gähwiler has served UBS in various leadership roles: from 2010 to 2016 as a member of the Group Executive Board of UBS Group AG and President of UBS Switzerland, followed by his tenure as President of UBS Switzerland AG. In 2022 he was appointed Vice Chairman of the Board of Directors of UBS Group AG. In addition to his board responsibilities, he represented UBS in the most important trade associations and organizations of the Swiss financial industry.
As the eventual Chairman of Credit Suisse AG, he was instrumental in the successful integration of Credit Suisse into UBS.
Markus Ronner is proposed to succeed Lukas Gähwiler and will be appointed as a new member of the Board of Directors and Vice-Chairman at the 2026 Annual General Meeting.
Markus Ronner has been with UBS his entire professional career since 1981. Over the past 25 years, he has held several global leadership roles in business, auditor and audit functions. Markus Ronner joined the Group Executive Board in 2018 when he assumed his current role as Group Chief Compliance and Governance Officer, overseeing compliance, financial crime prevention and operational risk control, as well as regulatory and governance at Group level. From 2022 to 2023 Markus Ronner was also chairman of UBS Switzerland AG.