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  • Fri. Nov 22nd, 2024

Credit Suisse chairman expects to see out term after spy scandal

Credit Suisse chairman expects to see out term after spy scandal

VIENNA (Reuters) – Credit Suisse Chairman Urs Rohner does not expect to be voted out of office before his term ends after this week’s departure of Chief Executive Tidjane Thiam over a spying scandal.

“I am not afraid of being voted out of office,” Rohner was quoted as saying by newspaper Schweiz am Wochenende on Saturday, adding that the supervisory board had acted unanimously in deciding with Thiam that he should step down.

Rohner also said he had received “clear responses” from shareholders supporting the decision.

Credit Suisse, which is Switzerland’s second-largest bank and among

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