Nationality Switzerland | Name Markus Diethelm | |
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Born 22 October 1957 (age 67) ( 1957-10-22 ) Alma mater University of ZurichStanford Law School Education | ||
Markus U. Diethelm (born 22 October 1957) is a Swiss businessman. Currently, he is Group General Counsel of UBS. In September 2008, Mr Diethelm was initially appointed as a member of the Group Executive Board of UBS, and subsequently to UBS Group AG in November 2014 and was appointed to the Executive Board with effect to 1 January 2007. He has been Executive Board member of UBS Business Solutions AG between 2015 and 2016.
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Education and professional memberships
Mr. Diethelm graduated with a law degree (lic.iur.) from the University of Zurich and a Master's degree (Master of Science of Law) and PhD (JSD) from Stanford Law School.
Markus Diethelm is admitted as a Rechtsanwalt (attorney-at-law) to bar chamber in Zurich and as attorney-at-law in New York City.
Career
In 1983, Mr Diethelm started his career with the Zurich law firm Bär & Karrer.
He worked at Paul, Weiss, Rifkind, Wharton & Garrison in New York City in 1988 as a foreign associate. A year later, he practiced at New York's Shearman & Sterling, specializing in mergers and acquisitions. In 1992, he joined a Los Angeles law firm Gibson, Dunn & Crutcher, focusing on corporate matters, securities transactions, litigation and regulatory investigations while operating out of the firm's Brussels and Paris offices. He stayed with Gibson, Dunn & Crutcher until 1998.
Swiss Re
On 1 April 1998, Mr Diethelm joined Swiss Re as Group Chief Legal Officer and was appointed to the Executive Board with effect to 1 January 2007.
Under his leadership, Swiss Re introduced a successful global model for the Group's legal and compliance organization. Furthermore, Mr Diethelm played a key role in the company's World Trade Center litigation and in major corporate development transactions.
UBS
Markus Diethelm became a member of the Group Executive Board and was appointed as Group General Counsel of UBS on 1 September 2008. Following the restructuring process, he was appointed to the same position within the UBS Group AG in 2014. He works closely with Colin Bell, the head of operational risk. In 2009, Diethelm negotiated with the U.S Department of Justice Tax Division Attorney Kevin M. Downing in an investigation about tax fraud. The UBS paid $780 million and revealed several client names.
Other mandates
Markus U. Diethelm is the Chairman of the Legal Committee of the Swiss American Chamber of Commerce.
Mr Diethelm holds mandates as a member of the Committee on Capital Markets Regulation, the board of UBS Business Solutions AG, the Swiss Advisory Council of the American Swiss Foundation, the Foundation Council of the UBS International Center of Economics in Society, the Conseil de Fondation du Musée International de la Croix-Rouge et du Croissant-Rouge, and the Professional Ethics Commission of the Association of Swiss Corporate Lawyers.
Published Articles
Diethelm, Markus U. 2001. "Globalization and the Future of the International Practice of Law from a General Counsel's Perspective of a Multinational Enterprise – A Navigator of Management and Steward of the 'Future of Law'?" In: Drolshammer, J. I. & Pfeifer, M. (eds.). The Internationalization of the Practice of Law." Netherlands: Kluwer Law International. Dr. Markus U. Diethelm 217 Group General Counsel, (JBS AG, Zürich) 2016. "Rechtliche Herausforderungen im internationalen Banking" In: Kellerhals, Andreas (Hrsg.): "Herausforderungen für die Schweiz und Europa : Referate zu Fragen der Zukunft Europas 2015" Zürich: Schulthess.