UBS Appoints JPMorgan Chase’s Sarah Youngwood as Group CFO

​(Source: LinkedIn)

UBS announced today that Sarah Youngwood, currently Chief Financial Officer of JPMorgan Chase’s Consumer & Community Banking line of business since 2016, would join its Group Executive Board at the beginning of March, 2022, and in May succeed current CFO Kirt Gardner, who has decided to step down from his role.

Sarah Youngwood has been with JPMorgan Chase for more than 24 years. Since 2020, her role has also included leading finance for the firm’s global technology unit, as well as the diversity & inclusion team. Between 2012 and 2016, she served as Head of Investor Relations for JPMorgan Chase and, prior to that, spent 14 years in various roles in the Financial Institutions Group within JPM’s Investment Bank in Paris, London and New York.

“I want to personally thank Kirt for his leadership, commitment and important contributions to UBS over the past nine years. He was instrumental in managing and maintaining the firm’s strong financial position and safeguarding client and investor trust through different market environments – and for being a role model for our culture. I wish him all the best in his future endeavors,” said Group Chief Executive Officer Ralph Hamers.

“I’m also excited to welcome Sarah Youngwood to the UBS team in her role as Group CFO and Group Executive Board member. With her strong track record, in-depth finance expertise, and experience across various banking areas, Sarah is ideally suited to lead our finance function into the future,” he added.

Kirt will support Sarah during her two-month onboarding period before retiring from UBS to pursue other opportunities in May.