May 18, 2024

AndronETalksNews

AndronETalksNews

Credit Suisse Vice Chair Schwan steps down from board

Swiss Info

March 21, 2022 – 11:28

“Severin Schwan, who joined the Board in 2014 and has acted as Vice-Chair and Lead Independent Director since 2017, has decided not to stand for re-election,” Credit Suisse said in a statementExternal link on Monday.

Schwan, who is also CEO of Swiss pharmaceutical giant Roche, had reportedly come under criticism that his two mandates don’t leave him enough time to fulfill his duties at the bank. 

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