UBS board nominates BlueMountain's Staley

UBS board nominates BlueMountain's Staley

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The UBS board of directors announced today that it will nominate Jes Staley for election to the board at the annual general meeting of shareholders on May 7 2015. 

If elected, Staley is expected to be nominated to become a member of the risk committee.

" professional expertise gained from three decades of working in several top leadership functions in global banking make him ideally suited to strengthen the board of UBS," said UBS chairman Axel Weber.

"Subject to his election, we are convinced Jes will bring invaluable skills, experience and insights to the firm."

Jes Staley has been a managing partner at Blue Mountain Capital Management since February 2013.

Before this, he held various senior executive positions at JPMorgan Chase & Co, including CEO investment bank, CEO asset management and head of private banking. 

In addition to his position at BlueMountain Capital, Jes Staley serves on the board of directors of the Robin Hood Foundation, Code Advisors, the Board of Trustees of Bowdoin College and the Investor Advisory Committee on Financial Markets.

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