Zurich/London | Credit Suisse Group chairman Antonio Horta-Osorio resigned after just nine months in the role, following a series of missteps including reported breaches of Swiss and UK quarantine rules that eroded confidence in his leadership.
His departure follows an investigation commissioned by the board, Zurich-based Credit Suisse said in a statement on Monday. The bank named board member Axel Lehmann as Mr Horta-Osorio’s replacement, effective immediately.
