Oswald Grübel
Encyclopedia
Oswald J. Grübel is a German
businessman. He was the Group Chief Executive Officer (Group CEO) at UBS AG
from 26 February 2009 to 24 September 2011.
joint venture with Credit Suisse in the 1970s. Before joining UBS, Grübel was at Credit Suisse
from 1985 until 2007, leading the firm since 2003.
He was CEO of Credit Suisse Financial Services from 2002 to 2004 and was Co-CEO of Credit Suisse Group (with John J. Mack
) from 2003 until 2004. Mr. Grübel was a member of the Credit Suisse Group Executive Board between 1997 and 2001 and again from 2002 to 2007. He became the sole CEO with the ousting of John Mack in 2004.
After he retired in May 2007, he still held a board position at the Winterthur Group
insurance company (a part of AXA
) from 2007 until 2009.
in banking and securities trading at Deutsche Bank
in Mannheim and Frankfurt. In the late 60s, he attended the International Institute for Management Development
in Lausanne, an executive education institution for leaders without traditional university credentials.
Germans
The Germans are a Germanic ethnic group native to Central Europe. The English term Germans has referred to the German-speaking population of the Holy Roman Empire since the Late Middle Ages....
businessman. He was the Group Chief Executive Officer (Group CEO) at UBS AG
UBS AG
UBS AG is a Swiss global financial services company headquartered in Basel and Zürich, Switzerland, which provides investment banking, asset management, and wealth management services for private, corporate, and institutional clients worldwide, as well as retail clients in Switzerland...
from 26 February 2009 to 24 September 2011.
Career
Grübel began his career at a White Weld & Co.White Weld & Co.
White Weld & Co. was a Boston-based investment bank, historically managed by Boston Brahmins until its sale to Merrill Lynch in 1978. The Weld family name can be traced back to the founding of Massachusetts in the 1630s.-History:...
joint venture with Credit Suisse in the 1970s. Before joining UBS, Grübel was at Credit Suisse
Credit Suisse
The Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...
from 1985 until 2007, leading the firm since 2003.
He was CEO of Credit Suisse Financial Services from 2002 to 2004 and was Co-CEO of Credit Suisse Group (with John J. Mack
John J. Mack
John J. Mack is the current Chairman of the Board at Morgan Stanley, the New York-based investment bank and brokerage firm. Mack announced his retirement as Chief Executive Officer on September 10, 2009, which was effective January 1, 2010. Former Co-President James P...
) from 2003 until 2004. Mr. Grübel was a member of the Credit Suisse Group Executive Board between 1997 and 2001 and again from 2002 to 2007. He became the sole CEO with the ousting of John Mack in 2004.
After he retired in May 2007, he still held a board position at the Winterthur Group
Winterthur Group
AXA Winterthur is a multinational insurance company. The original company named Winterthur was founded in Winterthur, Switzerland, in 1875. Until June 2006, Winterthur was a Credit Suisse subsidiary. Now, Paris-based AXA Insurance has entered into a definitive agreement to purchase Winterthur...
insurance company (a part of AXA
AXA
AXA S.A. is a French global insurance group headquartered in the 8th arrondissement of Paris. AXA is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. The AXA group of companies engage in life, health and other forms of...
) from 2007 until 2009.
Education
Grübel did not attend university, but took an apprenticeshipApprenticeship
Apprenticeship is a system of training a new generation of practitioners of a skill. Apprentices or protégés build their careers from apprenticeships...
in banking and securities trading at Deutsche Bank
Deutsche Bank
Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...
in Mannheim and Frankfurt. In the late 60s, he attended the International Institute for Management Development
International Institute for Management Development
IMD - International Institute for Management Development is a non profit business school located in Lausanne, Switzerland.- History & Mission :...
in Lausanne, an executive education institution for leaders without traditional university credentials.