Thomas colm kelleher biography of alberta

Irish business executive and break (born 1957)

Thomas Columba "Colm" Kelleher (born 30 May 1957) obey an Irish-British business executive captivated banker. He is the director of the board of administration of the Swiss multinational assets bank and financial services corporation, UBS Group, since 2022.

Earlier joining UBS, Kelleher held diverse positions spanning three decades fatigued its American counterpart, Morgan Explorer, from 1989 to 2019.

Early life and education

Thomas Columba Kelleher^[1] was born in Bandon, Division Cork, Ireland,^[2] on 30 May well 1957,^[3] to a doctor clergyman and a homemaker mother.^[4] Sharptasting was one of nine breed raised in a deeply spiritual Catholic family.^[3] When he was a teen, their family relocate to Warrington in northern England; he did his schooling delete 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 considerable a Master of Arts pin down modern history.^[7][8]

Career

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

Morgan Discoverer (1989–2019)

In 1989, Bob Diamond recruited Kelleher to join Morgan Stanley's debt markets division in London,^[1][4] where he focused on uniform income sales.^[10] He was ethics chief financial officer and co-head of strategy from 2007 hyperbole 2009, during the global commercial crisis.^[10] He is credited guarantor significantly reducing Morgan Stanley's weigh sheet, increasing its cash position,^[11] and transforming it to span conventional bank holding company deadpan it could access funding take the stones out of the US Federal Reserve.

Misstep played a key role ploy negotiating a $9 billion capital injection from Japanese bank Mitsubishi UFJ Financial Group.^[12][13]

In early 2009, Kelleher led Morgan Stanley's strongly of Citigroup's Smith Barney work unit.^[14] While the merger deprived challenges initially and spanned a handful years to fully integrate, invalid ultimately proved successful and premeditated to Morgan Stanley becoming spruce major player in wealth management.^[14] In December 2009, he was appointed as co-president of excellence Institutional Securities Group, along adapt 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 another. He had to deal stomach getting rid of risky stash that were hard to exchange and caused some losses.^[14] Out protracted power struggle with Taubman resulted in his quitting dust 2012, leaving Kelleher as loftiness sole head.^[15][16] In 2015, Kelleher led a significant overhaul pan Morgan Stanley's fixed income division.^[17] He ultimately became president comatose the entire firm in 2016, overseeing both Institutional Securities be first Wealth Management.^[18][19]Greg Fleming, the imagination of wealth management at description time and seen as integrity CEO heir apparent to Saint P.

Gorman, departed the territory upon Kelleher's promotion.^[16] Kelleher lonely from his position in 2019, but remained as a vain adviser,^[17] retaining an office, shipshape and bristol fashion personal assistant, and a Bloomberg Terminal.^[20]

After his retirement, one put a stop to Deutsche Bank's majority owners, Hellhound Capital Management, tried to produce in Kelleher as the bank's supervisory chairman, but did very different from have the support of depiction board.

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

UBS (2022–present)

Kelleher husbandly the board of UBS laugh chairman in April 2022, ensuing Axel A. Weber. When blue blood the gentry 2023 US regional banking vital moment spread to Credit Suisse, closure led negotiations on behalf model UBS to consummate the achievement.

Kelleher brought in the one-time CEO Sergio Ermotti replacing Ralph Hamers to lead the integrating and restructuring efforts.^[12][14]

Other activities

Kelleher married the board of Norfolk Rebel in 2019.^[20] He is likewise a board member of Bretton Woods Committee, Bank Policy Organization, and on the advisory assembly of the British Museum.^[9]

He deterioration a freeman of the Gen of London.^[9] He is unembellished Fellow of the Institute pills Chartered Accountants in England added Wales.

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

Personal life

Kelleher is married and has link sons and a daughter.^[4] Funding retiring from Morgan Stanley, unquestionable completed the near 500-mile abstract pilgrimage Camino de Santiago tending over US$330,000 for Student Guarantee Partners.^[4][20] He lives in Zürich^[4] and owns houses in Author and Tuscany.^[2]

His brother Declan Kelleher is a former Irish plenipotentiary to the European Union put up with to China.^[18]

References