The Swiss bank has replaced its chief executive officer and announced a comprehensive strategic review.

Credit Suisse has appointed Ulrich Körner as group chief executive officer from 1 August 2022, replacing Thomas Gottstein , who is resigning. Gottstein was appointed CEO of Credit Suisse in February 2020. Körner (pictured) joined Credit Suisse in April 2021 as CEO Asset Management. He joined from UBS where he served as member of the group executive board for 11 years, six of which leading the Asset Management division. During his 21-year career at the Swiss bank, Gottstein has held senior roles