UBS Group Appoints Mike Dargan as Chief Digital and Information Officer

UBS Group​ announced that Mike Dargan will join the UBS Board as Chief Digital and Information Officer, effective May 1, 2021.

In his new role, Mike will play a crucial role in further driving technology to become a true differentiator for UBS and will replace the former Group Chief Operating Officer (GCOO) function. 

Mike has been Head Group Technology since he joined UBS in 2016. Prior to that, he was CIO for CIB at Standard Chartered Bank, Head Corporate Strategy & M&A, EMEA and PacRim for Merrill Lynch and Head CIB, Asia-Pacific for Oliver Wyman.

“I’m excited to welcome Mike Dargan to the GEB in his expanded role. Given his strong track record and in-depth expertise, I’m confident that he is the right leader to help us achieve our strategic ambitions in the digital and technology space by bringing the best experience to our clients”, Ralph Hamers, Chief Executive Officer commented on the appointment.

In addition, UBS announced another two executive moves. In his 13th year as Group General Counsel of UBS, Markus Diethelm has decided to step down from his current role effective 1 November 2021. He will remain in a senior advisor role into 2022 with responsibility for select legacy litigation cases. Barbara Levi will succeed Markus Diethelm as Group General Counsel effective 1 November 2021.

“I want to personally thank Markus for his longstanding commitment and contribution to the success of UBS. Since 2008 he has resolved a number of very important legacy issues for the bank. He will remain with us as senior advisor for select legal cases, while ensuring a seamless transition. I’m looking forward to having Barbara join UBS later this year. With more than 25 years of legal and compliance experience across different industries and geographies, she is ideally suited to lead our General Counsel function into the future”, Ralph said.