Investment Bank

Organizational chart

Key executives

Jerker Johansson, Chairman and CEO Investment Bank

Jerker Johansson was named Chairman and Chief Executive Officer of the UBS Investment Bank on February 13, 2008. Previously he was Vice Chairman of Morgan Stanley Europe, and a member of the firm’s Management Committee. From 2005 to December 2007 he was head of Morgan Stanley’s Institutional Equity Division. In August 2005 he was also named co-head of the combined sales and trading business, consisting of the Institutional Equity Division and the Fixed Income Division. In April 2007 he became co-head of sales and trading with responsibility for clients and services, continuing his responsibility for prime brokerage and becoming solely responsible for the sales and trading side of capital markets. Jerker joined Morgan Stanley in 1985 as a Summer Associate and held various positions including Head of Equity Capital Markets, Europe before being promoted in 1997 to Chief Operating Officer, Institutional Equity Division Europe. There he had responsibility for the day-to-day operations of the equity business, while serving as a member of the European Management Committee. From 2002 to 2005 he was head of the Institutional Equity Division in Europe. Before joining Morgan Stanley, Jerker was part of Bankers Trust’s Graduate Training Program, and also worked for Chase Manhattan Bank. Jerker holds a Master of Economics degree from Stockholm School of Economics, Sweden and an MBA from Stanford. He was born on May 19, 1956 and is a citizen of Sweden.

Legal Structure

The Investment Bank operates through branches and subsidiaries of UBS AG. Securities activities in the US are conducted through UBS Securities LLC, a registered broker-dealer.

Organizational structure

The Investment Bank is headquartered in London and New York and employs approximately 22,000 people across 38 countries. The businesses of the Investment Bank are organized into three distinct business units, which are run functionally on a global basis. The business units are:

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