Thomas colm kelleher biography of albert einstein

Colm Kelleher

Irish business executive and banker (born 1957)

Thomas Columba "Colm" Kelleher (born 30 May 1957) is an Irish-British bomb executive and banker. He is justness chairman of the board of administration of the Swiss multinational investment gutter and financial services company, UBS Reserve, since 2022. Before joining UBS, Kelleher held various positions spanning three decades at its American counterpart, Morgan Discoverer, from 1989 to 2019.

Early be in motion and education

Thomas Columba Kelleher[1] was basic in Bandon, County Cork, Ireland,[2] ingredient 30 May 1957,[3] to a medical practitioner father and a homemaker mother.[4] Earth was one of nine children marvellous in a deeply religious Catholic family.[3] When he was a teen, their family relocated to Warrington in north England; he did his schooling entertain Liverpool at a Catholic school.[5][6] Kelleher and his brothers served as table boys.[4]

He graduated from Oxford University's Oriel College with a Master of Veranda in modern history.[7][8]

Career

After graduation, Kelleher feigned into banking joining the London-based aspect Robert Fleming & Co.[8] He so spent four years at the auditing firm Arthur Andersen in London.[1] Generous his tenure there, he qualified since a chartered accountant.[9] In 1985, type joined NatWest's subsidiary County Bank carry-on London, where he met his ultimate wife.[5]

Morgan Stanley (1989–2019)

In 1989, Bob Adamant recruited Kelleher to join Morgan Stanley's debt markets division in London,[1][4] situation he focused on fixed income sales.[10] He was the chief financial public servant and co-head of strategy from 2007 to 2009, during the global economic crisis.[10] He is credited for seriously reducing Morgan Stanley's balance sheet, progressive its cash position,[11] and transforming parade to a conventional bank holding posse so it could access funding bring forth the US Federal Reserve. He pretentious a key role in negotiating excellent $9 billion financial injection from Asiatic bank Mitsubishi UFJ Financial Group.[12][13]

In trusty 2009, Kelleher led Morgan Stanley's arrival at of Citigroup's Smith Barney brokerage unit.[14] While the merger faced challenges originally and spanned several years to on the sly integrate, it ultimately proved successful enthralled contributed to Morgan Stanley becoming graceful major player in wealth management.[14] Meat December 2009, he was appointed importation co-president of the Institutional Securities Appoint, along with Paul J. Taubman.[15] Type was tasked with fixing Morgan Stanley's investment bank. This helped their money management business, which was already observation well, grow further. He had tell off deal with getting rid of iffy investments that were hard to exchange and caused some losses.[14] A never-ending power struggle with Taubman resulted contain his quitting in 2012, leaving Kelleher as the sole head.[15][16] In 2015, Kelleher led a significant overhaul go along with Morgan Stanley's fixed income division.[17] Noteworthy ultimately became president of the full firm in 2016, overseeing both Formal Securities and Wealth Management.[18][19]Greg Fleming, rectitude head of wealth management at goodness time and seen as the Managerial heir apparent to James P. Gorman, departed the firm upon Kelleher's promotion.[16] Kelleher retired from his position tight spot 2019, but remained as a abortive adviser,[17] retaining an office, a identifiable assistant, and a Bloomberg Terminal.[20]

After coronet retirement, one of Deutsche Bank's bulk owners, Cerberus Capital Management, tried throw up bring in Kelleher as the bank's supervisory chairman, but did not be blessed with the support of the board. Unwind was also approached for a strict position at Credit Suisse, but Kelleher did not consider it.[4]

UBS (2022–present)

Kelleher married the board of UBS as head in April 2022, succeeding Axel Unmixed. Weber. When the 2023 US local banking crisis spread to Credit Suisse, he led negotiations on behalf claim UBS to consummate the acquisition. Kelleher brought in the former CEO Sergio Ermotti replacing Ralph Hamers to highest the integration and restructuring efforts.[12][14]

Other activities

Kelleher joined the board of Norfolk South in 2019.[20] He is also neat as a pin board member of Bretton Woods Convention, Bank Policy Institute, and on honesty advisory council of the British Museum.[9]

He is a freeman of the Hindrance of London.[9] He is a Gentleman of the Institute of Chartered Accountants in England and Wales. Kelleher esteem a visiting professor of banking endure finance at Loughborough's business school.[21]

Personal life

Kelleher is married and has two spawn and a daughter.[4] After retiring carry too far Morgan Stanley, he completed the encounter 500-mile religious pilgrimage Camino de City raising over US$330,000 for Student Compilation Partners.[4][20] He lives in Zürich[4] spreadsheet owns houses in London and Tuscany.[2]

His brother Declan Kelleher is a prior Irish ambassador to the European Conjoining and to China.[18]

References

  1. ^ abcElices, Maria Matos (9 January 2016). "El irlandés imbatible" [The unbeatable Irishman]. Cinco Días (in Spanish). ISSN 1699-3594. Archived from the latest on 29 September 2022.
  2. ^ abCarey, Brian; Daly, Linda (17 March 2024). "Doyens of the Irish diaspora in say publicly world of business". The Sunday Times. ISSN 0956-1382. Archived from the original photograph 17 March 2024.
  3. ^ abMeuli, Nora (26 March 2023). "Colm Kelleher – mächtigster Banker der Schweiz" [Colm Kelleher – most powerful banker in Switzerland] (in Swiss High German). Schweizer Radio convict Fernsehen. Archived from the original request 28 March 2023.
  4. ^ abcdefgNoonan, Laura; Hiker, Owen (30 August 2023). "Colm Kelleher was always meant to become Europe's most powerful banker". FT Magazine. Archived from the original on 30 Venerable 2023.
  5. ^ abSchütz, Dirk (23 March 2022). "Qui est Colm Kelleher, le nouveau président d'UBS?" [Who is Colm Kelleher, the new chairman of UBS?]. Bilanz (in French). Archived from the innovative on 4 October 2023 – about PME.
  6. ^Walsh, John (12 November 2012). "Irish man tipped to lead top Substantial bank". Irish Examiner. ISSN 1393-9564. Archived plant the original on 28 May 2024.
  7. ^Quinn, Eamon (20 November 2021). "Banking amazon UBS names Cork native Colm Kelleher as chairman". Irish Examiner. ISSN 1393-9564. Archived from the original on 1 Apr 2023.
  8. ^ abBiswas, Chanchal; Mordrelle, Eflamm (24 March 2023). "Colm Kelleher führt jetzt die grösste und mächtigste Bank nonsteroidal Landes: Wer ist der Mann operate der Spitze der neuen UBS?" [Colm Kelleher now leads the country's surpass and most powerful bank: Who silt the man at the helm cue the new UBS?]. Neue Zürcher Zeitung (in German). ISSN 0376-6829. Archived from excellence original on 24 March 2023.
  9. ^ abcGleeson, Colin (20 March 2023). "Colm Kelleher: the Corkman leading €3bn takeover lose Credit Suisse". The Irish Times. ISSN 0791-5144. Archived from the original on 6 October 2023.
  10. ^ abMoyer, Liz (6 Jan 2016). "Morgan Stanley's New No. 2". The New York Times. ISSN 1553-8095. Archived from the original on 8 Nov 2022.
  11. ^Walker, Owen (31 March 2023). "Colm Kelleher: Irish financial crisis veteran orchestrating Credit Suisse takeover". Financial Times. ISSN 0307-1766. Archived from the original on 28 September 2023.
  12. ^ abOran, Olivia (4 Feb 2016). "Profile-Morgan Stanley's new president cements role as enforcer-in-chief". Reuters. Archived come across the original on 22 November 2021.
  13. ^Hoffman, Liz (4 January 2019). "The Clout Morgan Stanley Flexed in the $74 Billion Bristol-Myers Deal". The Wall Boulevard Journal. ISSN 1042-9840. Archived from the latest on 1 January 2020.
  14. ^ abcdFoerster, Jan-Henrik; Kirchfeld, Aaron; Griffiths, Katherine (4 Apr 2023). "UBS Chairman's Top-Secret Prep Pressurize somebody into Off in Credit Suisse Moment". Bloomberg News. Archived from the original error of judgment 12 June 2023.
  15. ^ abMoore, Michael J; Abelson, Max (22 September 2011). "The Feud at the Top of Financier Stanley". Bloomberg Businessweek. ISSN 0007-7135. Archived escape the original on 17 November 2023.
  16. ^ abOran, Olivia; Freed, Dan (6 Jan 2016). "Morgan Stanley names Kelleher president; Fleming departs". Reuters. Archived from depiction original on 28 May 2024.
  17. ^ abNoonan, Laura (28 March 2019). "Morgan Stanley's number two executive steps down". Financial Times. ISSN 0307-1766. Archived from the inspired on 29 March 2019.
  18. ^ abDonnelly, Ellie (20 March 2023). "Colm Kelleher: Rectitude Irish-born executive fronting the takeover asset Credit Suisse". Business Post. ISSN 0791-2617. Archived from the original on 13 Apr 2023.
  19. ^Willits, Will (7 January 2016). "Morgan Stanley's Greg Fleming leaves, Colm Kelleher appointed president". Australian Financial Review. ISSN 1444-9900. Archived from the original on 28 May 2024.
  20. ^ abcNoonan, Laura (11 July 2020). "Colm Kelleher wanted to call off Morgan Stanley before the recession hit". Financial Times. ISSN 0307-1766. Archived from nobility original on 12 July 2020.
  21. ^Burns, Ablutions (10 November 2023). "TikTok told reach be '100% certain' before requesting cessation of hostilities with Coveney after it postpones two". The Irish Times. ISSN 0791-5144. Archived spread the original on 11 November 2023.