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UBS shareholders re-elect Kelleher as Chairman, board members

Published 05/04/2023, 12:50
Updated 05/04/2023, 12:58
© Reuters. UBS Chairman Colm Kelleher speaks during the Annual General Meeting, two weeks after buying rival Swiss bank Credit Suisse, in Basel, Switzerland, April 5, 2023. REUTERS/Pierre Albouy
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BASEL (Reuters) - UBS shareholders voted to re-elect Colm Kelleher as chairman at the Swiss bank's annual general meeting on Wednesday.

© Reuters. UBS Chairman Colm Kelleher speaks during the Annual General Meeting, two weeks after buying rival Swiss bank Credit Suisse, in Basel, Switzerland, April 5, 2023. REUTERS/Pierre Albouy

Kelleher received 89.9% of votes, a sign of shareholders' confidence in the Irishman's ability to lead the bank as it navigates the challenge of absorbing Credit Suisse (SIX:CSGN) after a surprise takeover engineered by the Swiss authorities.

Shareholders also voted to re-elect the remaining members of the bank's Board of Directors.

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