New addition to the Swiss management



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Following the recent restructuring of the Swiss business, Credit Suisse completes management. A former consultant is now responsible for developing strategies.

Martin Mende He will lead the Strategy and Initiatives division of Credit Suisse (CS) in Switzerland from 1 October. As the large bank announced on Tuesday, he will be promoted to a board member of the Swiss Universal Bank (SUB) division and will be a member of the board of directors of the subsidiary Credit Suisse (Switzerland).

The 53-year-old succeeds Daniel hunziker who will lead the division of large institutional clients as of October 1. As much as finews.ch reported, the transfer of Hunziker is part of a major reorganization of the Swiss business; At the same time, the integration of Neue Aargauer Bank (NAB) and the elimination of up to 500 local positions were announced.

Not newcomer

According to the announcement, Mende has many years of experience in the banking sector and has held various management positions in business development and consulting for more than 25 years. He joins CS from the international consulting firm Boston Consulting Group, of which he has been a partner since 2012, managing the Zurich office and serving clients in the financial sector.

By the way, access to CS is not entirely new. Mende already worked for the second largest bank in the country from 1999 to 2012 and, among other things, managed business development in the global private client business as well as the Swiss retail and corporate client segment.

Will there still be bank branches in five years?

  • Yes of course.

  • Yes, but half as much today.

  • Yes, but very occasionally.

  • Yes, but completely digital, without staff.

  • No, in five years there will be no more branches.

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