ZURICH (Reuters) -Credit Suisse on Wednesday said its Head of Personal & Business Banking, Anke Bridge Haux, is to leave the bank.
Haux, who has been with the Swiss bank for 15 years, is to take on a new role as CEO of the Swiss arm of LGT Bank in November.
Credit Suisse’s current chief operating officer of Personal & Business Banking, Michael Sager, will take over leadership of the business on an interim basis with immediate effect and become a member of the executive board of Credit Suisse (Switzerland) Ltd.
The bank has seen a string of departures globally in the last few months, as it embarks on a plan to cut thousands of jobs and shift its focus from investment banking towards more stable wealth management as part of an overhaul.
(Reporting by Noele Illien; editing by Jason Neely)