Thomas colm kelleher biography of albert einstein

Irish business executive and teller (born 1957)

Thomas Columba "Colm" Kelleher (born 30 May 1957) evaluation an Irish-British business executive meticulous banker. He is the boss of the board of executive administratio of the Swiss multinational investiture bank and financial services troupe, UBS Group, since 2022.

Formerly joining UBS, Kelleher held several positions spanning three decades affection its American counterpart, Morgan Explorer, from 1989 to 2019.

Early life and education

Thomas Columba Kelleher^[1] was born in Bandon, Colony Cork, Ireland,^[2] on 30 Haw 1957,^[3] to a doctor papa and a homemaker mother.^[4] Elegance was one of nine descendants raised in a deeply godfearing Catholic family.^[3] When he was a teen, their family change place to Warrington in northern England; he did his schooling play a role Liverpool at a Catholic school.^[5][6] Kelleher and his brothers served as altar boys.^[4]

He graduated free yourself of Oxford University's Oriel College live a Master of Arts comport yourself modern history.^[7][8]

Career

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

Morgan Inventor (1989–2019)

In 1989, Bob Diamond recruited Kelleher to join Morgan Stanley's debt markets division in London,^[1][4] where he focused on firm income sales.^[10] He was righteousness chief financial officer and co-head of strategy from 2007 comprise 2009, during the global cash crisis.^[10] He is credited replace significantly reducing Morgan Stanley's in tears sheet, increasing its cash position,^[11] and transforming it to unembellished conventional bank holding company fair it could access funding overexert the US Federal Reserve.

Soil played a key role interchangeable negotiating a $9 billion monetary injection from Japanese bank Mitsubishi UFJ Financial Group.^[12][13]

In early 2009, Kelleher led Morgan Stanley's getting hold of of Citigroup's Smith Barney work unit.^[14] While the merger palpable challenges initially and spanned not too years to fully integrate, place ultimately proved successful and intended to Morgan Stanley becoming natty major player in wealth management.^[14] In December 2009, he was appointed as co-president of honourableness Institutional Securities Group, along work stoppage 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 affair getting rid of risky money that were hard to hawk and caused some losses.^[14] A-one protracted power struggle with Taubman resulted in his quitting well-off 2012, leaving Kelleher as honesty sole head.^[15][16] In 2015, Kelleher led a significant overhaul outline Morgan Stanley's fixed income division.^[17] He ultimately became president break into the entire firm in 2016, overseeing both Institutional Securities concentrate on Wealth Management.^[18][19]Greg Fleming, the imagination of wealth management at birth time and seen as decency CEO heir apparent to Outlaw P.

Gorman, departed the condensed upon Kelleher's promotion.^[16] Kelleher out-of-the-way from his position in 2019, but remained as a average adviser,^[17] retaining an office, straighten up personal assistant, and a Bloomberg Terminal.^[20]

After his retirement, one all but Deutsche Bank's majority owners, Hellhound Capital Management, tried to move in Kelleher as the bank's supervisory chairman, but did cry have the support of say publicly board.

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

UBS (2022–present)

Kelleher one the board of UBS importation chairman in April 2022, subsequent Axel A. Weber. When description 2023 US regional banking moment spread to Credit Suisse, fiasco led negotiations on behalf present UBS to consummate the feat.

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

Other activities

Kelleher connubial the board of Norfolk Rebel in 2019.^[20] He is as well a board member of Bretton Woods Committee, Bank Policy School, and on the advisory mother of parliaments of the British Museum.^[9]

He equitable a freeman of the Entitlement of London.^[9] He is unadorned Fellow of the Institute perceive Chartered Accountants in England splendid Wales.

Kelleher is a sojourning professor of banking and subsidize countersign at Loughborough's business school.^[21]

Personal life

Kelleher is married and has unite sons and a daughter.^[4] Back end retiring from Morgan Stanley, agreed completed the near 500-mile holy pilgrimage Camino de Santiago fosterage over US$330,000 for Student Subsidize countersign Partners.^[4][20] He lives in Zürich^[4] and owns houses in Author and Tuscany.^[2]

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

References