KOERNER
Ulrich

• 1. Education
• 2. Career

Ulrich Körner (born October 25, 1962) is a German-Swiss business person. In March 2021, he was named CEO Asset Management of Credit Suisse until July 2022, when he was appointed CEO of Credit Suisse AG.

Education

From 1980 to 1983, Körner attended the Lyceum Alpinum in Zuoz, Switzerland, and acquired a Swiss school-leaving certificate (Matura, type B), after having received a German school-leaving certificate (Abitur) from the Staatliches Ludwigsgymnasium in Saarbrücken, Germany, which he attended from 1973 to 1980.

Körner holds a Master of Arts and a Ph.D. in business administration from the University of St. Gallen, Switzerland.

Körner majored in Banking and Finance from 1983 to 1988 and graduated with a degree in Business Administration (lic.oec.) from the University of St. Gallen. Thereafter, he completed his doctoral studies (from 1988 to 1993) and received a Ph.D. in Business Administration (Dr.oec) from the University of St. Gallen for Business Administration, Economics, Law and Social Sciences.

Career

In 1989, Körner began his professional career as an auditor with Price Waterhouse, Zurich. From 1993 to 1998, he was a management consultant with McKinsey & Company in Zurich.

Körner joined Credit Suisse as Chief Financial Officer for Switzerland in 1998. He then became Head of Technology and Services in 2000 before assuming the role as Chief Financial Officer at Credit Suisse in 2002. In addition to his role as Chief Financial Officer, he was appointed Chief Operating Officer in 2004. In 2006, he became Chief Executive Officer of Credit Suisse Switzerland. Körner served as a member of the Executive Board at Credit Suisse until he moved from CS to UBS.

In April 2009, Körner joined UBS as Group Chief Operating Officer and as a member of the Executive Board under Oswald Grübel. Until 2013, he was responsible for the Corporate Center at UBS. It consisted of 25,000 people and included Group Strategy, Human Resources, Group Technology, Group Operations, Communications and Branding, Corporate Real Estate and Administrative Services and Supply and Demand Management during his time as Group Chief Operating Officer.

Körner has been President of UBS Group Europe, Middle East and Africa, comprising 29 countries, since December 2011. Together with the divisional Chief Executive Officers, he is responsible for the implementation of regional strategy and the collaboration of businesses across all divisions.

In January 2014, Körner succeeded John A. Fraser (businessman) to become President Asset Management in addition to his regional leadership. Chief Financial Officer Tom Naratil (born 1961) took on the role of Chief Operating Officer on top of his then current duties.