UBS appoints Daniele Magazzeni as Chief AI Officer to lead firm-wide AI strategy

AI Summary

• →UBS has appointed Daniele Magazzeni as Chief Artificial Intelligence Officer, effective 1 January 2026, to advance the firm's AI strategy, boost innovation, and increase adoption of new technologies.
• →Morgan, where he served as Chief Analytics Officer for the EMEA region and the Commercial and Investment Bank, and previously held a role as Associate Professor of Artificial Intelligence at King's College London.
• →He will lead the Chief Artificial Intelligence Office, overseeing the deployment of AI-powered tools and processes at scale, and will report to Group Chief Operations and Technology Officer Mike Dargan.
• →UBS has already launched several large-scale AI initiatives called 'Big Rocks' and currently has over 300 live AI use cases, with tools such as M365 Copilot and its in-house AI Assistant Red being rolled out to all employees.
• →Magazzeni will be based in London and focus on reshaping business capabilities to improve client experience and enhance employee productivity.