Zurich, 16 October 2025 – UBS today announced the appointment of Daniele Magazzeni as Chief Artificial Intelligence Officer to further advance the firm’s AI strategy, boost innovation and increase adoption of new technologies.
Daniele brings deep knowledge of AI research as well as expertise in the effective deployment and scaling of impactful AI solutions. He joins UBS from J.P. Morgan, where he served as Chief Analytics Officer for both the EMEA region and the Commercial and Investment Bank, driving their global analytics agenda across markets, banking, payments and securities services. His responsibilities included advancing AI capabilities, fostering a culture of innovation and ensuring robust AI governance. Prior to that, he was Associate Professor of Artificial Intelligence at King’s College London.
As UBS’s Chief Artificial Intelligence Officer, Daniele will lead the firm’s AI strategy with a focus on reshaping business capabilities to improve the client experience and enhance employee productivity. He will also head the Chief Artificial Intelligence Office, which is responsible for ensuring the effective deployment of AI-powered tools and processes at scale, maintaining consistent standards, and building strong technological foundations across the organization. Daniele will be based in London and report to Mike Dargan, Group Chief Operations and Technology Officer, effective 1 January 2026.
Commenting on Daniele’s appointment, Mike Dargan said: “Artificial intelligence is a top priority for UBS. I am delighted to welcome Daniele with his experience in embedding AI into business processes, driving measurable efficiency improvements and delivering commercial benefits. As Chief Artificial Intelligence Officer he will further optimize our use of traditional, generative and agentic AI capabilities to transform our end-to-end operations and deliver cutting-edge solutions to our clients.”
Earlier this year, UBS launched several large-scale transformational AI initiatives, called Big Rocks, which are designed to have a broad impact across the firm and increase the efficiency of processes and systems. The initiatives are already delivering valuable outcomes. UBS has over 300 live use cases and AIpowered tools are being rolled out to all employees, including M365 Copilot, and our in-house AI Assistant Red.
