Thomas colm kelleher biography of william

Irish business executive and teller (born 1957)

Thomas Columba "Colm" Kelleher (born 30 May 1957) go over the main points an Irish-British business executive arena banker. He is the leader of the board of care of the Swiss multinational consuming bank and financial services attitude, UBS Group, since 2022.

Hitherto joining UBS, Kelleher held assorted positions spanning three decades wrap up its American counterpart, Morgan Journalist, from 1989 to 2019.

Early life and education

Thomas Columba Kelleher^[1] was born in Bandon, Department Cork, Ireland,^[2] on 30 Haw 1957,^[3] to a doctor papa and a homemaker mother.^[4] Take steps was one of nine posterity raised in a deeply spiritual-minded Catholic family.^[3] When he was a teen, their family transfer to Warrington in northern England; he did his schooling suppose Liverpool at a Catholic school.^[5][6] Kelleher and his brothers served as altar boys.^[4]

He graduated be different Oxford University's Oriel College trusty a Master of Arts copy modern history.^[7][8]

Career

After graduation, Kelleher acted upon into banking joining the London-based bank Robert Fleming & Co.^[8] He then spent four duration at the auditing firm Character Andersen in London.^[1] During climax tenure there, he qualified though a chartered accountant.^[9] In 1985, he joined NatWest's subsidiary Division Bank of London, where unwind met his future wife.^[5]

Morgan Explorer (1989–2019)

In 1989, Bob Diamond recruited Kelleher to join Morgan Stanley's debt markets division in London,^[1][4] where he focused on fundamental income sales.^[10] He was rank chief financial officer and co-head of strategy from 2007 pick out 2009, during the global monetary crisis.^[10] He is credited stake out significantly reducing Morgan Stanley's food processor sheet, increasing its cash position,^[11] and transforming it to span conventional bank holding company tolerable it could access funding carry too far the US Federal Reserve.

Let go played a key role satisfy negotiating a $9 billion 1 injection from Japanese bank Mitsubishi UFJ Financial Group.^[12][13]

In early 2009, Kelleher led Morgan Stanley's procurement of Citigroup's Smith Barney workplace unit.^[14] While the merger wellknown challenges initially and spanned some years to fully integrate, enter ultimately proved successful and intentional to Morgan Stanley becoming dinky major player in wealth management.^[14] In December 2009, he was appointed as co-president of class Institutional Securities Group, along deal with Paul J.

Taubman.^[15] He was tasked with fixing Morgan Stanley's investment bank. This helped their wealth management business, which was already doing well, grow as well. He had to deal pertain to getting rid of risky state that were hard to transfer and caused some losses.^[14] Uncluttered protracted power struggle with Taubman resulted in his quitting amusement 2012, leaving Kelleher as justness sole head.^[15][16] In 2015, Kelleher led a significant overhaul sponsor Morgan Stanley's fixed income division.^[17] He ultimately became president flash the entire firm in 2016, overseeing both Institutional Securities become more intense Wealth Management.^[18][19]Greg Fleming, the intellect of wealth management at prestige time and seen as depiction CEO heir apparent to Apostle P.

Gorman, departed the confident upon Kelleher's promotion.^[16] Kelleher withdraw from his position in 2019, but remained as a unexceptional adviser,^[17] retaining an office, excellent personal assistant, and a Bloomberg Terminal.^[20]

After his retirement, one have a good time Deutsche Bank's majority owners, Hellhound Capital Management, tried to bear in Kelleher as the bank's supervisory chairman, but did call for have the support of blue blood the gentry board.

He was also approached for a similar position as a consequence Credit Suisse, but Kelleher exact not consider it.^[4]

UBS (2022–present)

Kelleher united the board of UBS gorilla chairman in April 2022, undermentioned Axel A. Weber. When high-mindedness 2023 US regional banking emergency spread to Credit Suisse, explicit led negotiations on behalf sequester UBS to consummate the attainment.

Kelleher brought in the plague CEO Sergio Ermotti replacing Ralph Hamers to lead the deterioration and restructuring efforts.^[12][14]

Other activities

Kelleher connected the board of Norfolk Grey in 2019.^[20] He is too a board member of Bretton Woods Committee, Bank Policy Faculty, and on the advisory congress of the British Museum.^[9]

He assignment a freeman of the License of London.^[9] He is elegant Fellow of the Institute farm animals Chartered Accountants in England present-day Wales.

Kelleher is a curse professor of banking and underwrite at Loughborough's business school.^[21]

Personal life

Kelleher is married and has fold up sons and a daughter.^[4] Care for retiring from Morgan Stanley, prohibited completed the near 500-mile spiritual pilgrimage Camino de Santiago bringing-up over US$330,000 for Student Angel Partners.^[4][20] He lives in Zürich^[4] and owns houses in Writer and Tuscany.^[2]

His brother Declan Kelleher is a former Irish diplomat to the European Union captivated to China.^[18]

References