Credit Cuisse chairman successor search well underway, says Rohner

FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters at the Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann

ZURICH (Reuters) – Credit Suisse’s (CSGN.S) search for a new chairman is well underway, the current chairman Urs Rohner told shareholders at the bank’s annual general meeting on Thursday.

“Having been a board member for eleven years now, I am standing for re-election as chairman for the last time today,” said Rohner, who is due to step down next year having reached a maximum term of office.

“The Governance and Nominations Committee is leading the succession process for my function, which is well underway and progressing according to plan,” he said during the meeting, which was hosted without any shareholders physically present and broadcast online.

Reporting by Brenna Hughes Neghaiwi, editing by John Revill

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