Peter Wuffli

Peter A. Wuffli (born 26 October 1957) is a Swiss businessman who was appointed president and chief executive officer of UBS in December 2001 after having been chief executive of UBS Asset Management and the company's chief financial officer.

Education and personal life

He is a Swiss citizen and graduated from the University of St. Gallen in 1981 and earned a doctorate in 1984. He also attended the Advanced Management Program at Wharton School of the University of Pennsylvania.

Career In 1984, he joined McKinsey & Co as management consultant and in 1990 became a partner of McKinsey Switzerland's senior management.

Wuffli left as a CEO UBS on 6 July 2007 and renounced about $10 million in payments.

On July 7, 2007 UBS declined to comment on Wuffli’s leaving, only confirming that his departure, a decision which was taken in a regular board meeting in Valencia, Spain, was based on the review of the position. Analysts and investors suspected the drop in profits, hedge fund losses and the underperformance of its shares to be the reason, and as a possible indication of the bank’s shifting core business to wealth and investment management.

In February 2009 it became known that multi-billion dollar write-downs had sparked the sudden 2007 departure of Peter Wuffli as CEO.

In November 2018 it was reported that Wuffli had joined the new financial services operator Sygnum as advisor.

In July 2019, Wuffli was nominated to Sygnum's board of directors.

Other engagements In December 2006, Wuffli and his wife founded The Elea Foundation for Ethics in Globalization.

He is chairman of the board of Partners Group Holding, a board member of the Zurich Opera House, member of the executive committee and chairman of the board of IMD International Institute for Management Development in Lausanne.

He was president of the Friends of the FDP (Freunde der FDP) association, founded 2004 to support the Swiss FDP political party.

Publications Liberale Ethik. Orientierungsversuch im Zeitalter der Globalisierung. Stämpfli Verlag, Bern 2010, Inclusive Leadership, A Framework for the Global Era. Springer 2016,