Changes afoot on Credit Suisse board

The Swiss bank proposes changes to the composition of its board of directors, including the appointment of Hans-Ulrich Doerig as chairman to replace Walter Kielholz.

Credit Suisse yesterday announced proposed changes to the composition of its board of directors, including a new chairman appointee.

The Swiss bank said that in light of the good start it has had to 2009 and its strong capital base, clear strategy, experienced board of directors and excellent management team, it is the right time to make such changes.

Current Credit Suisse chairman Walter Kielholz is stepping down from the top job and intends to stand for election...

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