Credit Suisse Group appoints CIO Karl Landert to the Executive Board
Credit Suisse Group is pleased to announce that Karl Landert, Chief Information Officer (CIO) of Credit Suisse, has been appointed to the Executive Board with effect from today. As CIO, Mr. Landert is responsible for Credit Suisse's Information Technology (IT) division. In this role he will continue to report to Brady W. Dougan, Chief Executive Officer of Credit Suisse, based in Zurich.
Brady W. Dougan, Chief Executive Officer, said: "This appointment reflects the integral role that IT plays in the Bank's success and recognizes the significant contribution that Karl and his team have made to Credit Suisse by enhancing our IT operations. In the past year alone, Karl has streamlined our IT operations, significantly increased the reliability of our IT processes and built an excellent team. Furthermore, this appointment underscores our firm commitment to building an Executive Board composed of members with a wide range of expertise and experience. Karl has been with the firm for around nine years and, before being appointed as CIO, led the Bank's efforts to build a state-of the-art IT platform for the Private Banking division. We are confident that he will be an extremely valuable addition to our executive management team."
Commenting on his appointment to the Executive Board, Karl Landert said: "I am delighted to have the opportunity to contribute to the growth of Credit Suisse as a member of the Executive Board. I look forward to continuing to work with my team to create an industry-leading IT organization that develops new business opportunities and responds swiftly and efficiently to Credit Suisse's requirements."
Over 10,000 information technology professionals in locations around the world work in close partnership with the businesses to deliver innovative solutions that facilitate business performance and revenue growth.
Karl Landert was appointed CIO of Credit Suisse with effect from March 1, 2008. Prior to this, he was Head of IT for Credit Suisse's Private Banking division and a member of the Private Banking Management Committee. Before joining the Bank in 2001 he held various senior IT management positions at Novartis Pharma AG and previously worked at IBM. Mr. Landert holds a degree in physics from the Swiss Federal Institute of Technology in Zurich.