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Martin Mende to become new Head of Strategy & Initiatives at Credit Suisse (Switzerland) Ltd.

*Ad-hoc relevant for Credit Suisse (Schweiz) AG

Martin Mende will head the Strategy & Initiatives area at Credit Suisse (Switzerland) Ltd. from October 1, 2020. He will thus become a member of the Management Committee of the Swiss Universal Bank division and will take a seat on the Executive Board of Credit Suisse (Switzerland) Ltd. The 53-year-old succeeds Daniel Hunziker, who will head the Institutional Clients business area from October 1.

Martin 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 Credit Suisse from Boston Consulting Group, where he has been a partner since 2012 and advises leading Swiss and international financial institutions on strategy and transformation. Martin Mende will take over the function from Daniel Hunziker who, as already announced at the end of August, will be responsible for the Institutional Clients business area from October 1, 2020.

Martin Mende worked for Credit Suisse from 1999 to 2012, and was responsible for business development in the global private client business and the Swiss retail and corporate client segment. He holds a PhD from the University of St. Gallen and a degree in computer engineering from the Swiss Federal Institute of Technology in Zurich.

André Helfenstein, CEO of Credit Suisse (Switzerland) Ltd, commented: "We are delighted to have won Martin Mende, a proven strategy expert with extensive experience in the Swiss and international banking sector. As Head of Strategy & Initiatives and a member of the Executive Board of Credit Suisse (Switzerland) Ltd., Martin Mende will make a decisive contribution to further strengthening Credit Suisse's position as a leading universal bank in Switzerland."