UBS shareholders re-elect Kelleher as Chairman, board members

by Reuters

BASEL (Reuters) – UBS shareholders voted to re-elect Colm Kelleher as chairman at the Swiss bank’s annual general meeting on Wednesday.

Kelleher received 89.9% of votes, a sign of shareholders’ confidence in the Irishman’s ability to lead the bank as it navigates the challenge of absorbing Credit Suisse after a surprise takeover engineered by the Swiss authorities.

Shareholders also voted to re-elect the remaining members of the bank’s Board of Directors.

(Reporting by Noele Illien; Editing by Tomasz Janowski)

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