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UBS names outsider Hamers to succeed CEO Ermotti

Ralph-Hamers

In his tenure as chief executive at ING, Ralph Hamers has been known for promoting digital banking

By naming ING Groep’s Ralph Hamers as its next chief executive, UBS Group has turned to an outsider who has a record of pushing digital banking but who has been vilified in the Netherlands over a money-laundering scandal.

The choice of Mr. Hamers, 53, to succeed Sergio Ermotti surprised analyst

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