UBS’s Piero Novelli to become the next Chairman of Euronext

Fazzaco has learned that Euronext, which operates the biggest pan-European exchange today confirms that Piero Novelli has been nominated by the Supervisory Board as an independent member of the Supervisory Board, to become the next Chairman of Euronext N.V.

“Mr. Novelli will step down from all executive positions before becoming Chairman. The appointment of Mr. Novelli remains subject to the approval of the relevant regulatory authorities and of Euronext shareholders,” the exchange operator said in the official press.

Piero Novelli: An Expert in Investment Banking

Piero Novelli has been Co-President of the Investment Bank of UBS and a member of UBS Group Executive Board since October 2018. In 2017 he was appointed Co-Executive Chairman of Global Investment Banking and in 2016 became sole Global Head of Mergers and Acquisitions (M&A).

Generally, over the course of his 27 year career in investment banking, Mr. Novelli has advised corporate boards on many large and complex M&A transactions across all sectors and geographic areas. In particular, Mr. Novelli has advised the largest Italian corporates on many cross border strategic transactions.