Report of Foreign Issuer (6-k)
May 11 2016 - 10:38AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Date: May 11, 2016
UBS Group AG
Commission File Number: 1-36764
UBS AG
Commission File Number: 1-15060
(Registrants' Names)
Bahnhofstrasse 45, Zurich, Switzerland, and
Aeschenvorstadt 1, Basel, Switzerland
(Address of principal executive office)
Indicate by check
mark whether the registrant files or will file annual reports under cover of
Form 20‑F or Form 40-F.
Form 20-F
x
Form
40-F
o
This Form 6-K consists of the media release of UBS Group AG which
appears immediately following this page.
Martin Blessing to join Group Executive Board of UBS
Zurich 11 May
2016, 14:20 Price Sensitive Information
Blessing to
assume role as President Personal & Corporate
Banking and President UBS Switzerland from Lukas Gaehwiler
Gaehwiler to assume new role as Chairman of the Region Switzerland
Changes effective 1 September 2016
Zurich, 11 May
2016 –
Martin Blessing
will succeed Lukas Gaehwiler as President
Personal & Corporate Banking and President UBS Switzerland in the Group
Executive Board (GEB) of UBS, effective 1 September 2016. Blessing was CEO of
Commerzbank AG until the end of April this year. During his 15 years on the
Board of Managing Directors of Commerzbank, half of which as its Chairman,
Blessing significantly shaped the firm. He managed the successful integration
of Dresdner Bank and led the bank back to stability and a robust business model
following the financial crisis. Today, Commerzbank is active in more than 50
countries, finances 30 percent of Germany’s foreign trade and is the undisputed
leader in financing German SMEs. The firm serves around 15 million clients with
over 50,000 employees. Prior to Commerzbank, Blessing was at Dresdner Bank and
the consultancy McKinsey. He studied in St. Gallen, Switzerland, and Frankfurt
am Main, Germany, following a bank apprenticeship.
Also effective 1
September 2016,
Lukas Gaehwiler
will take on a new strategic role as
Chairman of the Region Switzerland, focusing on clients and other selected
mandates. At the same time and at his own request, he will step down from his
current operative roles as President UBS Switzerland and President Personal
& Corporate Banking (P&C), as well as from the GEB. For more than six
years, Gaehwiler has run the business of UBS in Switzerland very successfully.
In that time, UBS regained its position as the unquestioned market-leading
universal bank in its home market. He oversaw a sustained increase in profitability
during challenging market conditions, with significant new client growth, as
well as the successful digitalization of the business, continuous improvement
in customer satisfaction, and the effective implementation of a new legal
structure for UBS in Switzerland.
Group Chief
Executive Officer Sergio P. Ermotti: “I thank Lukas Gaehwiler for his excellent
work and am personally pleased that he will continue to remain close to UBS in
his new role. With Martin Blessing we gain a professional with a proven track
record and significant experience in all areas of the business for UBS. I am
certain he will further advance our business in Switzerland and beyond.”
UBS Group AG
Investor contact
Switzerland: +41-44-234 41 00
Media contact
Switzerland: +41-44-234 85 00
UK: +44-207-567 47 14
Americas: +1-212-882 58 57
APAC: +852-297-1 82 00
www.ubs.com
This Form 6-K is
hereby incorporated by reference into (1) each of the registration
statements of UBS AG on Form F-3 (Registration Number 333-204908) and
of UBS Group AG on Form S-8 (Registration Numbers 333-200634; 333-200635;
333-200641; and 333-200665) and into each prospectus outstanding under any of
the foregoing registration statements, (2) any outstanding offering
circular or similar document issued or authorized by UBS AG that
incorporates by reference any Form 6-K’s of UBS AG that are
incorporated into its registration statements filed with the SEC, and
(3) the base prospectus of Corporate Asset Backed Corporation (“CABCO”) dated
June 23, 2004 (Registration Number 333-111572), the Form 8-K of
CABCO filed and dated June 23, 2004 (SEC File Number 001-13444),
and the Prospectus Supplements relating to the CABCO Series 2004-101 Trust
dated May 10, 2004 and May 17, 2004 (Registration
Number 033-91744 and 033-91744-05).
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
UBS Group AG
By:
_/s/ David Kelly______________
Name: David Kelly
Title: Managing Director
By:
_/s/ Sarah M. Starkweather______
Name: Sarah M. Starkweather
Title: Executive Director
UBS AG
By:
_/s/ David Kelly______________
Name: David Kelly
Title: Managing Director
By:
_/s/ Sarah M. Starkweather______
Name: Sarah M. Starkweather
Title: Executive Director
Date: May 11,
2016
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