Credit Suisse has appointed Ulrich Körner as new group CEO, replacing Thomas Gottstein who is retiring.
Körner joined Credit Suisse in 2021 as CEO of asset management.
Prior to Credit Suisse, Körner served at UBS for eleven years, of which six were spent leading the asset management division. Before starting this role he served as chief operating officer.
Earlier in this career, Körner was an executive at Credit Suisse and held various roles, including chief financial officer and chief operating officer of Credit Suisse Financial Services and CEO Switzerland.
Commenting on his new role, Körner says: “I am looking forward to working with all colleagues across the bank and the executive board and devoting my full energy to execute on our transformation.
“This is a challenging undertaking, but at the same time represents a great opportunity to position the bank for a successful future and realise its full potential. I would also like to thank Thomas wholeheartedly for his support and partnership.”
Gottstein adds: “It has been an absolute privilege and honour to serve Credit Suisse over these past 23 years. Despite the challenges of the past two years, I am immensely proud of our achievements since joining the executive board seven years ago.”
