This podcast episode explores Sergio Ermotti's career path and his experiences as the CEO of UBS. It delves into the challenges and opportunities of building a business from scratch, discusses the Credit Suisse crisis, the motivations behind taking on a transformative role in the industry, the priorities and challenges in stabilizing UBS after the merger with Credit Suisse, and the reasons behind Switzerland's success as a global financial hub. The episode also provides insights into finding a successor for a CEO position, developing managers through cross-functional experiences, and the qualities of effective leadership. Sergio Ermotti shares valuable advice for young professionals, emphasizing the importance of passion, flexibility, mobility, and self-investment.