Banking giant UBS names Cork native Colm Kelleher as chairman

Bandon born Colm Kelleher will take up the job at UBS next year when the current chairman Axel Weber is due to retire

Colm Kelleher, the Cork native who has been named chairman of Swiss banking giant UBS. File Picture

Swiss banking giant UBS has named Co Cork native Colm Kelleher as chairman of the world's largest wealth manager.

Mr Kelleher, 64, was for many years with US investment bank Morgan Stanley before stepping aside in 2019 although he continued to have an advisory role with the Wall Street firm.