ZURICH, March 1 (Reuters) – Credit score Suisse (CSGN.S) on Wednesday stated its Head of Private & Enterprise Banking, Anke Bridge Haux, is to depart the financial institution.
Haux, who has been with the Swiss financial institution for 15 years, is to tackle a brand new function as CEO of the Swiss arm of LGT Financial institution in November.
Credit score Suisse’s present chief working officer of Private & Enterprise Banking, Michael Sager, will take over management of the enterprise on an interim foundation with quick impact and turn out to be a member of the manager board of Credit score Suisse (Switzerland) Ltd.
The financial institution has seen a string of exits globally in the previous couple of months, because it embarks on a plan to chop hundreds of jobs and shift its focus from funding banking in the direction of extra steady wealth administration as a part of an overhaul.
Reporting by Noele Illien; enhancing by Jason Neely
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