Zeltner leaves UBS Wealth as the clear global leader

Jürg Zeltner inspired UBS to regain its position as the world’s best private bank, and his departure has shocked many in the industry – what will he do next?

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Jürg Zeltner, chief executive of UBS Wealth Management

UBS on Thursday announced that Jürg Zeltner, chief executive of its wealth management business, will step down at the end of the year, in the second recent unexpected senior departure at a top Swiss private bank.

At the end of November, Julius Baer announced that Boris Collardi, its chief executive, would be leaving to join Pictet.

No reason was given for Zeltner’s departure or what his next move would be.

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