French-Ivorian CEO of Credit Suisse,
'The Board of Directors of
Credit Suisse said 57 year-old Thiam, would step down on
'I have agreed with the Board that I will step down from my role as CEO. I am proud of what the team has achieved during my tenure,' Thiam said in the statement.
The announcement comes amid a swelling scandal over the bank's practice of spying on employees and others.
The banking giant was shaken by the discovery last September that surveillance had been ordered on star banker and former wealth management chief
And in December, an internal Credit Suisse probe confirmed that a second executive had been spied on by the bank.
But
'I had no knowledge of the observation of two former colleagues,' Thiam insisted in Friday's statement.
'It undoubtedly disturbed Credit Suisse and caused anxiety and hurt. I regret that this happened and it should never have taken place,' he added.
The scandal broadened last weekend, when a Swiss weekly reported that the bank had also ordered surveillance on Greenpeace, including accessing militants emails, to try to find out when they were planning demonstrations against the bank.
In 2017, Greenpeace gatecrashed the bank's annual general meeting, with demonstrators unfurling a banner to protest links with companies behind a controversial oil pipeline in
Gottstein, who will take over the helm of Credit Suisse next week, has worked for the bank for more than two decades, and currently heads its Swiss operations and is a member of the executive board, the bank statement said.
'Based on his deep and comprehensive experience in our business and in view of his impressive performance as head of our Swiss bank and his respect amongst our clients and employees,
© Pakistan Press International, source