The re are personnel changes in the board of directors of the big bank. The 55-year-old economist is no longer standing for re-election at the upcoming General Assembly.
The UBS Board of Directors announced on Friday evening that Beatrice Weder di Mauro was not standing for re-election to the Board of Directors of UBS Group AG and UBS AG. She informed the board of directors of her decision to withdraw from the committee after she had been a member of it since 2012, according to a media release.
Chairman of the Board of Directors Axel A. Weber is quoted as saying that you will miss her experience and expertise in international economic and financial issues. Neither di Mauro has always given the board of directors and him personally important insights, it is said. The Basel economist joined the committee nine years ago.