Former DBS CFO Jeanette Wong to join UBS board

Swiss multinational investment bank UBS has announced that its board of directors will nominate former DBS chief financial officer Jeanette Wong and former New York Federal Reserve chief William Dudley for election to the board.

The election to the board of UBS Group is set to take place at an annual general meeting for shareholders on May 2, 2019. 

Jeanette Wong (1960) was group executive responsible for the Institutional Banking business at the Singapore-based DBS Group, until March 2019. Previously, she served as chief financial officer of DBS Group between 2003 and 2008. Jeanette Wong has spent more than 30 years working in different senior management roles within the financial industry in Singapore.

As one of the most influential voices in the Singaporean financial industry and an acknowledged female leader in APAC, Jeanette Wong has an outstanding reputation and is recognized for leading the transformation of the institutional banking business of DBS.

William Dudley (1953) became chief executive officer of the Federal Reserve Bank of New York (NY FED) in 2009, a position he held until 2018. In that capacity, he served as the vice chairman and a permanent member of the Federal Open Market Committee (FOMC).

BS Chairman Axel Weber said: " It is essential for the Board that its members reflect the strategic and geographical core businesses of the Group and I am particularly happy to strengthen the Board's competences in APAC and the US, two of our key growth markets.”