Christian Bluhm was planning a professional and academic reset. With the UBS takeover of Credit Suisse, his plans are on hold for now.
Christian Bluhm retains his position as group chief risk officer, agreeing to stay on until an undetermined date to help with the merger of Credit Suisse and UBS, it was announced on Monday. This will delay the handover to Damian Vogel, originally planned for the beginning of May.
In the newly created role of group risk control head of integration, Vogel will focus on leading integration activities related to risk control, as well as defining the best possible structure for the combined group risk control unit, UBS added.
Photographic Activity
«Having both senior risk leaders actively engaged will help ensure that we’re well prepared and appropriately set up in an area that is crucial for our future success. I want to thank Christian for his readiness to continue in his role as group chief risk officer and [Vogel] for his significant efforts in leading our integration efforts and designing our future risk function,» said UBS CEO Sergio Ermotti.
Bluhm announced his resignation last November to reportedly focus on his photography business and pursue opportunities in academia.