Tidjane Thiam leaves Credit Suisse poised for growth

New CEO Thomas Gottstein will change neither the strategy nor the structure at Credit Suisse, but rather focus on growth in every division.

Outgoing CEO Tidjane Thiam at the annual news conference in Zurich on Thursday, to present Credit Suisse’s results for 2019

Credit Suisse on Thursday reported operational pre-tax income of SFr4.3 billion for 2019 after stripping out exceptional reported items. That is 18% up on the SFr3.6 billion in 2018.

In the first full year after completion of the three-year restructuring implemented by departing chief executive Tidjane Thiam, Credit Suisse has returned to growth.

It is down to his strategic vision and leadership that a bank that lost SFr2.7

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