- (PLX AI) - Credit Suisse Group today announced that the Board of Directors has appointed Axel P. Lehmann as the bank's new Chairman effective immediately.
- • He succeeds António Horta-Osório, who resigned following an investigation commissioned by the Board
- • "By executing our strategic plan in a timely and disciplined manner, without distraction, I am convinced that Credit Suisse will demonstrate the renewed strength and business focus needed to generate sustainable value for all of our stakeholders," Lehmann said
- • Axel Lehmann was elected as a member of the Board of Directors of Credit Suisse Group by the Extraordinary General Meeting held on October 1, 2021 and also became the Chair of the Risk Committee
- • He was formerly a member of the Group Executive Board of UBS Group, initially as Group Chief Operating Officer and then as President Personal & Corporate Banking and President UBS Switzerland
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