1. Credit Suisse has Picked Outgoing Lloyds Bank CEO António Horta-Osório as its Next Chairman

    Credit Suisse has Picked Outgoing Lloyds Bank CEO António Horta-Osório as its Next Chairman
    • Credit Suisse announced Tuesday that outgoing Lloyds Banking Group CEO António Horta-Osório would be its next chairman.
    • Current chairman Urs Rohner will step down in 2021, after working at the Swiss bank for a decade.
    • News of Horta-Osorio's appointment at Credit Suisse came a day after Lloyds Bank announced his replacement as CEO, HSBC banker Charlie Nunn.
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    1. António Horta-Osório shall succeed Urs Rohner who will step down in 2021 as previously announced upon reaching the statutory term of 12 years.
    2. I am extremely happy that we can propose a highly proven and recognized professional of the international banking business as my successor.
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