ZURICH, March 12 UBS will nominate
Deutsche Boerse Chief Executive Reto Francioni for
election to the board in May, the Swiss bank said on Tuesday.
Francioni, CEO of Deutsche Boerse since 2005, is a Swiss
national, who was previously chairman of the Swiss exchange and
also worked for Credit Suisse in New York after starting his
career at UBS in Zurich.
UBS also said in a statement that former Lufthansa
chief executive Wolfgang Mayrhuber would not stand for
re-election to the board at the annual general meeting on May 2.
(Reporting by Emma Thomasson)