Credit Suisse Announces Management Changes in Luxembourg Freitag, 27. Januar 2017 - 11:00
Credit Suisse appointed Yves Maas as Chairman of the Board of Directors of Credit Suisse (Luxembourg) S.A. effective February 1, 2017. He will succeed Romeo Lacher, who was nominated Chairman of the Board of Directors of SIX Group earlier this month. Stéphane Herrmann will take over as Chief Executive Officer of Credit Suisse (Luxembourg) S.A.
Yves joined Credit Suisse in 1999, and held various senior management
positions in Private Banking before becoming Chief Executive Officer
and Member of the Board of Directors of Credit Suisse (Luxembourg) S.A.
in 2012. In addition to his roles at the bank, Yves is Chairman of the
Luxembourg Banker's Association (ABBL) as well as a board member of the
European Banking Federation (EFB).
Stéphane was appointed Chief Executive Officer and member of the Board
of Directors of Credit Suisse (Luxembourg) S.A. and will also be
responsible for the entire Credit Suisse franchise in Luxembourg as per
February 1, 2017.
He joined Credit Suisse in 2010 in Singapore, where he led the Private
Banking APAC Business Development teams. Upon his relocation to Zurich,
he was appointed Deputy COO and Head of Business Management for Private
Banking Western Europe. Stéphane currently serves as Head of Strategy
& Projects for International Wealth Management.
Claudio de Sanctis, Head of International Wealth Management in Europe,
said: ''I’m delighted to have such seasoned managers and banking experts
to help us further drive the strategic development of Credit Suisse’s
capabilities in Luxembourg and fully tap the potential of this key
financial center. We are today well positioned in the market as a
leading European private banking and asset management hub. Leveraging
Yves’ vast experience and local knowledge, I am convinced that Stéphane
is well equipped to further develop our business out of Luxembourg,
which remains a strategic priority for our European Business Area and a
key pillar of the bank’s overall strategy. Our continued success in
Luxembourg depends on the ongoing contribution and efforts of the
various businesses operating on our platform.’’
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