Teresa Ressel

Former CEO, UBS Securities LLC

Ms Ressel has 25+ years of business experience covering finance, defence, electronics, and healthcare complementing her government service. She has served on various public, private and non-profit boards. Previously, Ms Ressel worked in international banking and finance as CEO of UBS Securities LLC (US division of UBS Investment Bank).

Prior to her CEO tenure, she led UBS’s Americas region as Chief Operating Officer across the United States, Canada, and Latin America. These leadership roles included market and operational risk, compliance and technology oversight. From 2001 to 2004, she served at the United States Treasury. Confirmed by the US Senate as Assistant Secretary for Management and Chief Financial Officer, her duties included financial management, strategy around revenue collection for the IRS and the US Customs Bureau, leading the government’s audit across the Department, reporting and cash flow duties, and an array of regulatory oversight matters for financial markets and financial institutions.

For her service leading the diversiture of multiple Treasury divisions via the creation of the Department of Homeland Security, she was awarded the Treasury Medal. Similarly, she was recognised by the IRS with the Commissioner’s Award for her service representing the Secretary of the Treasury’s interests at the IRS Oversight Board, customer interfaces, and her Treasury leadership with IRS colleagues. Ms Ressel also spent significant time within audit and programme management across Asia Pacific with a major computer manufacturer (1990-1994). She completed cyber security training at Carnegie Mellon University; she holds an MBA from Rensselaer Polytechnic Institute and two engineering degrees (BS and MS) from the University of Delaware. Ms Ressel is a member of the Council on Foreign Relations, a non-partisan organisation exploring public policy across the globe.

Last updated: 2 Dec 2019

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