Thomas Wipf

CEO of Credit Suisse US and Americas Integration Lead UBS

Tom joined UBS in July 2023 and serves as CEO of Credit Suisse US and Americas
Integration Lead. He is responsible for the reduction and simplification of the Credit Suisse entities into the overall integration to UBS. Tom is responsible for maintaining operational stability and embedding UBS best practices during the interim period and through final integration.

Prior to joining UBS, Tom was Vice Chairman at Morgan Stanley where he was responsible for the firm’s transition efforts to alternative reference rates to replace LIBOR through the firm’s Global LIBOR Transition Steering Committee. This group, spanning ISG, Wealth Management and Investment Management, ensured that all businesses and infrastructure organizations had a consistent set of Firm-level guidelines, their own transition plans and accountability for transition readiness by June 2023.

Tom also led the Morgan Stanley’s Global Business Continuity Management Organization, which was responsible for strategic planning and risk management for potential cyber and physical disruptions. He was a member of the firm’s Securities Operating Committee, Risk Management Committee and Asset/ Liability Management Committee.

Prior to being named Vice Chairman, Tom was the Global Head of the Bank Resource Management Division where he was responsible for the firm’s secured funding, securities lending, global hedging and collateral management activities.

Beginning his career in the industry in 1977, Tom joined Morgan Stanley in 1986. He was New York based but during his tenure he completed multi-year assignments in their London and Tokyo offices.

From April 2019 to June 2023, Tom was Chair of the Alternative Reference Rates Committee (ARRC) by the Federal Reserve Board. The ARRC is a group of private-market participants convened to help ensure a successful transition from USD LIBOR to a more robust reference rate. Tom was appointed to the Alternative Reference Rate Committee, sponsored by the Board of Governors of the Federal Reserve in 2014.

Tom served as Chair of the US Commodity Futures Trading Commission’s Market Risk Advisory Committee (MRAC) Interest Rate Benchmark Reform Subcommittee from October 2018 to June 2023.

From May 2021 to June 2023, Tom joined the Bank of Canada’s Canadian Alternative Reference Rate Working Group (CARR). The CARR is responsible for the implementation of the recommendations of the Official Sector Steering Group (OSSG) for Canada. Tom served until June 2023 on the board of directors of International Swaps and Derivatives Association, Inc. (ISDA). Tom served as Chair of the Treasury Market Practices Group (TMPG) until May 2019. The TMPG is sponsored by the New York Federal Reserve and is an industry group committed to supporting the integrity and efficiency of the U.S. Treasury and Agency Mortgage Securities Markets.

Tom previously served on the Financial Research Advisory Committee to the US Treasury
Office of Financial Research from 2012 to 2017.