Leonhard Fischer, Credit Suisse’s chief executive of Europe, the Middle East and Africa (EMEA), has left the bank after formally joining it for one month.Fischer is set to join Brussels-based industrial holding company RJH International as the firm's co-chief executive. He was formerly chief executive of Winterthur, the insurance group that was owned by Credit Suisse but sold to Paris-based Axa in December. He had only formally commenced his new role at the beginning of March. (See: Credit Suisse to retain Winterthur chief executive)
Credit Suisse EMEA chairman Michael Philipp, who previously held Fischer’s job, will now take back his old post until a long-term replacement is found.
The departure comes after Brady Dougan, chief executive of the bank's investment banking group, was named as its next chief executive. He will assume the role after Credit Suisse’s annual general meeting on May 4, when incumbent Oswald Grübel retires.
More on People
Job changes in the derivatives, regulation and risk industry throughout Asia
Appointment signals new direction for unit, says minister
Kamal Naqvi leaves dual roles amid Swiss bank’s exit from commodities
Other commodities moves at CME Group, Deutsche Bank & NextEra Energy
Sign up for Risk.net email alerts
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.