Credit Suisse has appointed Leonhard Fischer, Chief Executive Officer of Winterthur, as Chief Executive Officer of the Europe, Middle East and Africa (EMEA) region. Fischer will report to Oswald J. Gr?bel, Chief Executive of Credit Suisse and will join the Executive Board of the bank. He will be based in London and will assume his new responsibilities on 1 March 2007.
Michael Philipp, CEO of the EMEA region, will become Chairman of Credit Suisse in the EMEA region. In this new role, Philipp will focus on expanding the bank’s strategic client relationships with a particular focus on the Middle East. He will also continue to play a key role developing strategy with Leonhard Fischer and driving specific initiatives in the EMEA region. Michael Philipp will remain a member of the Executive Board and will continue to report to Oswald J. Gr?bel. He will be based in London and assume his new responsibilities on 1 March 2007.