UBS Appoints Daniele Magazzeni as Chief AI Officer to Lead Group AI Strategy

Former JP Morgan Analytics Chief Daniele Magazzeni will join UBS in January 2026 as its Chief Artificial Intelligence Officer, driving deployment of traditional, generative, and agentic AI across operations and client services.

Highlights:

  • UBS appoints Daniele Magazzeni, formerly JP Morgan’s Chief Analytics Officer EMEA, as its new Chief Artificial Intelligence Officer, effective January 1, 2026.

  • In his new role, Magazzeni will report to Mike Dargan, UBS’s Group Chief Operations & Technology Officer, and lead UBS’s “Big Rocks” AI initiatives, overseeing over 300 active AI use cases across the firm.

  • He’ll be responsible for optimizing UBS’s use of traditional, generative, and agentic AI, with a focus on transforming end-to-end operations, enhancing client experience, and improving employee productivity.

Summary:

UBS has named Daniele Magazzeni, previously JPMorgan’s Chief Analytics Officer for EMEA and the Commercial & Investment Bank, as its new Chief Artificial Intelligence Officer, with the appointment taking effect from 1 January 2026.

Magazzeni will be based in London and report to Mike Dargan, UBS’s Group Chief Operations & Technology Officer. His leadership aims to expand UBS’s AI strategy—embracing traditional, generative, and agentic AI—to transform the bank’s internal operations and customer-facing services.

UBS has already deployed over 300 AI use cases internally, including tools like its in-house AI assistant “Red” and Microsoft 365 Copilot, as part of its larger “Big Rocks” initiative to scale AI across the organization. Magazzeni’s role will be to bring coherence, governance, and scaling discipline to these efforts.

This move underscores UBS’s commitment to being at the forefront of AI adoption in banking, aligning leadership to ensure the bank’s operations and client services benefit from rapid advances in AI technologies.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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