After the Swiss legal entity of Credit Suisse has successfully started operations on Monday, the executive board is now known. These are the members of the management.

«We are convinced that our focus on the Swiss market and on serving clients domiciled in Switzerland will prove successful. Also, it underscores our strong commitment to the Swiss market where our bank has been serving private, corporate and institutional clients, including entrepreneurs throughout its 160 years of history,» Thomas Gottstein, CEO of Credit Suisse (Schweiz) AG, stated on Monday. 

I would like to express my sincere thanks to all approximate 1,500 employees who worked tirelessly on this project over the past two years to ensure the successful establishment of Credit Suisse (Schweiz) AG,» he added.

Own Banking Licence

Credit Suisse announced on Monday that the new Swiss legal entity has successfully started operations. This step enhances the Group’s resolvability in accordance with the regulatory requirements set out under the Swiss ‘too-big-to-fail’ regime.

Credit Suisse (Schweiz) AG is a 100 percent subsidiary of Credit Suisse AG and operates under its own banking license. The new legal entity comprises the Universalbank business for Swiss customers.

The Executive Board has been appointed by the Board of Directors and consists of the following members as of January 1, 2017:

  • Thomas Gottstein (Chief Executive Officer)
  • Serge Fehr (Private & Wealth Management Clients)
  • Felix Baumgartner (Premium Clients)
  • Didier Denat (Corporate & Investment Banking)
  • André Helfenstein (Institutional Clients)
  • Florence Schnydrig Moser (Products & Investment Services)
  • Urs Beeler (Sales and Trading Services)
  • Antoine Boublil (Chief Financial Officer)
  • Philippe Clémençon (Chief Risk Officer)
  • Erwin Grob (Chief Compliance Officer)
  • Thomas Grotzer (General Counsel)
  • Dagmar Maria Kamber Borens (Chief Operating Officer)
  • Claude Täschler (Human Resources).

As previously announced, the Board of Directors of Credit Suisse (Schweiz) AG is composed of the following members: Alexandre Zeller (Chairman), Peter Derendinger, Alexander Gut, Andreas Koopmann, Urs Rohner, Severin Schwan and Tidjane Thiam.