Credit Suisse names new chairman

ZURICH: Credit Suisse has named outgoing Lloyds Banking Group chief executive officer António Horta-Osório as its next chairman, bringing the nearly decade-long tenure of outgoing chairman Urs Rohner to a close.

“Horta-Osório shall succeed Rohner who will step down in 2021 as previously announced upon reaching the statutory term of 12 years, ” Switzerland’s second-biggest bank said in a statement, referring to Rohner’s 12-year boardroom stint, first as vice-chairmen and since 2011 as chairman. — Reuters

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

Did you find this article insightful?


Next In Business News

Blackstone-backed Patria eyes expansion in Latam, Asia
METALS: Tin, aluminium, copper prices down
Oil price falls on China's COVID-19 cases, high crude build
IBM, Intel slump weighs on Wall St as coronavirus concerns rise
GLOBAL MARKETS-Weak data, earnings drag stocks lower
Getting through tough times together
Keeping the economy moving with stimulus
How economic stimulus matters for countries
Short Position - Siletrra, AirAsia, ESG
The changing Asean banking landscape

Stories You'll Enjoy