Founder Profile
Marcel Ospel
Last reviewed: October 2026 · By Swet Parvadiya
Who is Marcel Ospel?
Marcel Ospel is a founder of UBS Group AG, which was founded in 1998.
- Company founded
- UBS Group AG
- Founded
- 1998
Background
Ospel rose through Swiss Bank Corporation, where he helped drive acquisitions such as S.G. Warburg and Dillon Read before engineering the UBS merger.
Founding Story
Marcel Ospel (1950-2020) was the Swiss banker who led Swiss Bank Corporation into its 1998 merger with Union Bank of Switzerland, creating UBS. He served as group CEO and later chairman, building a large investment bank alongside the wealth business. He resigned as chairman in 2008 after UBS suffered heavy losses on US subprime securities.
Marcel Louis Ospel was born on February 8, 1950 and died on April 26, 2020. He was a Swiss investment banker. (Exact birth year remains publicly undisclosed).