Axel Lehmann

Axel P. Lehmann (born 1959) is the chairman of Credit Suisse and has been since January 2022.

Axel P. Lehmann
Born1959 (age 63–64)
NationalitySwiss
EducationUniversity of St. Gallen (MBA, PhD)
TitleChairman, Credit Suisse
TermJanuary 2022– March 2023
PredecessorAntónio Horta-Osório

Early life

Lehmann was born in 1959, and is a Swiss citizen.[1] He earned an MBA and a PhD from the University of St. Gallen.[2] He is an adjunct professor at the university.[3]

Career

Lehmann worked for 20 years in insurance, briefly at Swiss Life before joining Zurich Insurance Group, where he was chief risk officer from 2009 and 2015.[3] He was a non-executive director of UBS from 2009 to 2015 before joining the bank full-time, and in 2016 he appointed its chief operating officer.[3] He was president of UBS Switzerland from 2018 and 2021.[3] In October 2021, Lehmann became a board member of Credit Suisse as head of its risk committee.[3]

In January 2022, Lehmann succeeded António Horta-Osório as chairman of Credit Suisse after he resigned due to repeated breaches of COVID regulations.[3]

Credit Suisse was sold to UBS through a Swiss government-orchestrated emergency takeover on 19 March 2023 as panic over the health of the financial system swelled after the collapse of SVB that month.

References
  1. "Axel Lehmann Chairman of the Board of Directors". Credit Suisse. Retrieved 20 February 2022.
  2. "Axel Lehmann Chairman of the Board of Directors, Credit Suisse". World Economic Forum. Retrieved 20 February 2022.
  3. "Five things to know about Credit Suisse's new chairman Lehmann". Reuters. 17 January 2022. Retrieved 20 February 2022.
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