ZURICH (Reuters) - Former UBS Chairman Axel Weber has joined Boston Consulting Group as a senior global adviser, Swiss business magazine Bilanz reports in its latest edition due to be published on Friday.
Weber, a previous president of Germany's central bank, served as chairman of UBS from 2012 until stepping down in April 2022. He was replaced by former Morgan Stanley (NYSE:MS) banker Colm Kelleher.
The report was confirmed by Boston Consulting Group to Reuters.
"Axel brings a wealth of experience from his academic, regulatory, central banking and business career," BCG Chief Executive Christoph Schweizer said on his LinkedIn page.
"Axel's experience and insights will be a fantastic addition to BCG’s world-class banking and financial institutions team," Schweizer added.