Peng Xiao

Can you give us an idea?

At what point do you present your ideas about who might succeed you?

Well, we always, every year, I present ideas.

And, you know, succession is not a process that you do, you know, only a few months or years before somebody leaves.

Succession is something that we manage every year.

And from my standpoint of view, we need to be just prepared to have the best person for that moment

Well, look, you know, right now I'm very focused on finishing my job.

Honestly, I think this is still very intense activity, and then it's going to be, you know, I need to reflect.

You realize people watching this won't really believe that, right?

You are a human being, you'll be thinking about the future and what comes next.

But people watching, they are not expecting me to respond.

I was very proud.

I mean, in a tragic moment for Switzerland and for the banking industry, I was very proud in 2023, two years after I left, that UBS was asked to step in and help stabilize Credit Suisse and be part of the solution.

That was, for me, almost reaching what I always thought I wanted to show with our transformations in the first period.

Right now, I think that we have a solid bank, a stronger bank than before, and I believe we are set for growth.

So the legacy is always to see that when you leave, after a couple of years, things are going even better.