Credit Suisse brings “Blockchain Diva” to its Board of Directors



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Credit Suisse President Urs Rohner officially resigns from the Board of Directors and with him two other members. To this end, the leading Swiss bank has involved two prominent financial women. Rohner’s successor will be announced by the end of 2020.

Credit Suisse’s Board of Directors will meet at the Annual General Meeting on April 30, 2021 Clare Brady is Blythe Masters proposes the election of non-executive directors, according to a statement on Thursday.

Brady from Great Britain was previously Director of Internal Audit at the International Monetary Fund and is currently a member of the Audit and Risk Commission of the International Federation of Red Cross and Red Crescent Societies (IFRC) in Switzerland and a non-executive director of Fidelity Asian Values ​​in the United Kingdom.

His previous roles include Vice President and Auditor General of the World Bank Group, Managing Director and Head of Group Audit for the UK and Singapore at Deutsche Bank, Head of Internal Audit at Bank of England and Global Head of Internal Audit at Barclays Capital.

Memories of the financial crisis

The British Masters previously served as an executive at JP Morgan Chase, where he held various management positions for 27 years, including Chief Financial Officer of the Investment Bank, Head of Credit Policy and Global Credit Portfolio, Head of Corporate & Investment Bank Regulatory Affairs and Head of Global Commodities.

The former investment banker is considered to be the co-inventor of credit protection derivatives (CDS), which gained inglorious fame in the wake of the 2008 financial crisis. As a result, I also switched to the blockchain universe. finews.ch various relationships.

She then moved on to Digital Asset Holdings, a fintech she served as CEO until 2018. With this startup, she devoted herself entirely to technology that is considered revolutionary and has had a rapidly growing following. So he brought the Australian stock exchange ASX on board as a client and investor; Masters also won consulting firms Accenture, PwC and IT specialist Broadridge as partners.

He is currently a board member of AP Moller-Maersk and chairman of the board of directors and the Audit Committee of Phunware, a mobile platform for businesses.

Announcement of Urs Rohner’s successor by the end of the year

Resignation from current members of the Board of Directors Joaquin J. Ribeiro, John Tiner is Urs Rohner not running for re-election at the 2021 General Assembly. All other members of the Board of Directors are running for re-election for an additional one-year term, as we have learned.

As previously disclosed, the succession planning process for the office of Chairman of the Board of Directors is well advanced and the successor will be announced later this year.

Will there be a shift in European financial centers due to the Crown and Brexit?

  • Yes, London will lose much of its importance.

  • Yes, Frankfurt will emerge as the big winner.

  • There is a division between different cities.

  • Yes, Switzerland will become much more important.

  • No, everything remains the same.

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