Credit Suisse chairman resigns

Following the resignation of António Horta-Osório, the Swiss bank appoints Axel P. Lehmann as new chairman.

Switzerland-headquartered bank, Credit Suisse, today January 17 announced the appointment of Axel P. Lehmann pictured as its new chairman, effective immediately. He will be put forward for election as chairman at the bank’s upcoming AGM, to be held on April 29, 2022.

The former UBS Group chief operating officer succeeds António Horta-Osório, following his resignation, which comes on the back of an investigation commissioned by the bank’s Board of Directors.

Media reports allege a conscious evasion of Covid-19 quarantine rules as being behind the investigation and Horta-Osório’s subsequent departure.

In the bank’s announcement, Horta-Osório said, “I regret that a number of my personal...

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