UBS, the Swiss banking giant, has confirmed that Mike Dargan, its Group Chief Operations and Technology Officer, will be stepping down at the end of December 2025, the firm announced in a press release on Monday. The departure comes at a critical point in the bank's ongoing integration of Credit Suisse, placing fresh emphasis on the need for operational continuity as UBS presses ahead with one of the most complex mergers in European banking history.
Dargan, who has been a member of UBS's Group Executive Board since 2021, has overseen significant elements of the technology and operations strategy across the group. In a statement, UBS said he had decided to leave to pursue an opportunity outside the bank, with the Group Technology function set to report into the newly appointed Group Chief Operating Officer Beatriz Martin from 1 January 2026.
