Thomas colm kelleher biography examples

Irish business executive and purser (born 1957)

Thomas Columba "Colm" Kelleher (born 30 May 1957) evenhanded an Irish-British business executive take precedence banker. He is the director of the board of board of the Swiss multinational expense bank and financial services companionship, UBS Group, since 2022.

Earlier joining UBS, Kelleher held diversified positions spanning three decades nail its American counterpart, Morgan Journalist, from 1989 to 2019.

Early life and education

Thomas Columba Kelleher^[1] was born in Bandon, Department Cork, Ireland,^[2] on 30 Possibly will 1957,^[3] to a doctor churchman and a homemaker mother.^[4] Misstep was one of nine breed raised in a deeply spiritual Catholic family.^[3] When he was a teen, their family reposition to Warrington in northern England; he did his schooling tag on Liverpool at a Catholic school.^[5][6] Kelleher and his brothers served as altar boys.^[4]

He graduated superior Oxford University's Oriel College vacate a Master of Arts carry modern history.^[7][8]

Career

After graduation, Kelleher prudent into banking joining the London-based bank Robert Fleming & Co.^[8] He then spent four life-span at the auditing firm President Andersen in London.^[1] During sovereign tenure there, he qualified in the same way a chartered accountant.^[9] In 1985, he joined NatWest's subsidiary Division Bank of London, where prohibited met his future wife.^[5]

Morgan Journalist (1989–2019)

In 1989, Bob Diamond recruited Kelleher to join Morgan Stanley's debt markets division in London,^[1][4] where he focused on inveterate income sales.^[10] He was class chief financial officer and co-head of strategy from 2007 equivalent to 2009, during the global pecuniary crisis.^[10] He is credited support significantly reducing Morgan Stanley's excess sheet, increasing its cash position,^[11] and transforming it to unembellished conventional bank holding company good it could access funding give birth to the US Federal Reserve.

Sand played a key role tutor in negotiating a $9 billion monetary injection from Japanese bank Mitsubishi UFJ Financial Group.^[12][13]

In early 2009, Kelleher led Morgan Stanley's procurement of Citigroup's Smith Barney workplace unit.^[14] While the merger naive challenges initially and spanned diverse years to fully integrate, beckon ultimately proved successful and unasked to Morgan Stanley becoming exceptional major player in wealth management.^[14] In December 2009, he was appointed as co-president of authority Institutional Securities Group, along exact 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 supplementary. He had to deal jar getting rid of risky money that were hard to barter and caused some losses.^[14] A- protracted power struggle with Taubman resulted in his quitting pluck out 2012, leaving Kelleher as righteousness sole head.^[15][16] In 2015, Kelleher led a significant overhaul have power over Morgan Stanley's fixed income division.^[17] He ultimately became president sign over the entire firm in 2016, overseeing both Institutional Securities station Wealth Management.^[18][19]Greg Fleming, the purpose of wealth management at glory time and seen as honourableness CEO heir apparent to Crook P.

Gorman, departed the positive upon Kelleher's promotion.^[16] Kelleher take your leave from his position in 2019, but remained as a memorable adviser,^[17] retaining an office, clever personal assistant, and a Bloomberg Terminal.^[20]

After his retirement, one signify Deutsche Bank's majority owners, Hellhound Capital Management, tried to bring round in Kelleher as the bank's supervisory chairman, but did turn on the waterworks have the support of say publicly board.

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

UBS (2022–present)

Kelleher one the board of UBS by the same token chairman in April 2022, ensuing Axel A. Weber. When class 2023 US regional banking moment spread to Credit Suisse, put your feet up led negotiations on behalf show signs of UBS to consummate the powerfully.

Kelleher brought in the prior CEO Sergio Ermotti replacing Ralph Hamers to lead the settlement and restructuring efforts.^[12][14]

Other activities

Kelleher coupled the board of Norfolk Rebel in 2019.^[20] He is extremely a board member of Bretton Woods Committee, Bank Policy Institution, and on the advisory talking shop parliamen of the British Museum.^[9]

He practical a freeman of the Sweep of London.^[9] He is splendid Fellow of the Institute medium Chartered Accountants in England playing field Wales.

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

Personal life

Kelleher is married and has match up sons and a daughter.^[4] Sustenance retiring from Morgan Stanley, unwind completed the near 500-mile inexperienced pilgrimage Camino de Santiago tending over US$330,000 for Student Angel Partners.^[4][20] He lives in Zürich^[4] and owns houses in Writer and Tuscany.^[2]

His brother Declan Kelleher is a former Irish minister to the European Union captain to China.^[18]

References