Axel A. Weber

Axel A. Weber

German, born 1957

Functions at UBS Group AG

Chairman of the Board of Directors / Chairperson of the Corporate Culture and Responsibility Committee / Chairperson of the Governance and Nominating Committee

Year of initial election to UBS Group AG: 2014
Year of initial election to UBS AG: 2012

Professional history and education

Axel A. Weber was elected to the Board of Directors (BoD) of UBS AG at the 2012 AGM and of UBS Group AG in November 2014. He is Chairman of the BoD of both UBS AG and UBS Group AG. He has chaired the Governance and Nominating Committee since 2012 and became Chairperson of the Corporate Culture and Responsibility Committee in 2013. Mr. Weber was president of the German Bundesbank between 2004 and 2011, during which time he also served as a member of the Governing Council of the European Central Bank, a member of the Board of Directors of the Bank for International Settlements, German governor of the International Monetary Fund, and as a member of the G7 and G20 Ministers and Governors. He was a member of the steering committees of the European Systemic Risk Board in 2011 and the Financial Stability Board from 2010 to 2011. From 2002 to 2004, Mr. Weber served as a member of the German Council of Economic Experts. His academic career encompasses professorships in international economics, monetary economics and economic theory at the universities of Cologne, Frankfurt am Main, Bonn and Chicago. Mr. Weber holds a master’s degree in economics from the University of Constance and a PhD in economics from the University of Siegen, where he also received his habilitation. He holds honorary doctorates from the universities of Duisburg-Essen and Constance.

Other activities and functions

  • Board member of the Swiss Bankers Association
  • Member of the Board of Trustees of Avenir Suisse
  • Advisory Board member of the “Beirat Zukunft Finanzplatz”
  • Board member of the Swiss Finance Council
  • Chairman of the Board of the Institute of International Finance
  • President of the International Monetary Conference
  • Member of the European Financial Services Round Table
  • Member of the European Banking Group
  • Member of the Monetary Economics and International Advisory Panel, Monetary Authority of Singapore
  • Member of the Group of Thirty, Washington, DC
  • Chairman of the DIW Berlin Board of Trustees
  • Advisory Board member of the Department of Economics at the University of Zurich
  • Member of the Trilateral Commission