Credit Suisse names Dougan as new group chief executive

Brady Dougan, chief executive of Credit Suisse’s investment banking division, has been appointed successor to Oswald Grübel as the group’s chief executive. Grübel plans to retire at Credit Suisse’s annual general meeting on May 4.

Grübel, who has been sole chief executive of Credit Suisse Group since July 2004, said: “My tenure as chief executive officer has been very satisfying, with the transformation of Credit Suisse into a global integrated bank under a single brand.” He added that Dougan was

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