Credit Suisse appoints Christine Graeff, Rafael Lorenzo to Exec Board

Credit Suisse Group AG today announced two internal appointments to the Executive Board of Credit Suisse Group.

Christine Graeff is appointed Global Head of Human Resources. She succeeds Antoinette Poschung who is retiring by the end of January 2022, entitled to her statutory retirement.

Ms Graeff has been Global Head of Communications and Deputy Global Head of Human Resources since joining Credit Suisse at the beginning of the year. She will hand over Communications to her successor, for whom a search is ongoing. She will fully take over HR as per February 1, 2022 at the latest ensuring a smooth handover.

Ms Graeff has a track record of leading transformations and has reshaped the Communications function since joining Credit Suisse. Her leadership and people skills together with her communications expertise will be key in leading the HR function through their essential part in delivering on Credit Suisse’s strategic objectives.

Rafael Lopez Lorenzo is appointed Chief Compliance Officer. He is currently Global Head of Group Internal Audit. He will take over from Thomas Grotzer who, as previously communicated, led the function on an ad interim basis since April 2021, effective October 1, 2021.

Mr Lorenzo joined Credit Suisse in 2015 from JP Morgan Chase. He has a background in audit and banking. His track record in building and maintaining a leading Internal Audit team, in transforming and innovating its operating model as well as in building a strong bench of audit leaders has contributed to the stature of the function.

Both Christine Graeff and Rafael Lorenzo will join the Executive Board effective by February 1, 2022 at the latest, and October 1, 2021, respectively, reporting directly to the Group Chief Executive Officer, Thomas Gottstein.

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