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Credit Suisse shareholders re-elect chairman

Published 04/04/2023, 14:13
Updated 04/04/2023, 19:24
© Reuters. FILE PHOTO: A view shows logo of Swiss bank Credit Suisse in front of an office building in Zurich, Switzerland March 16, 2023. REUTERS/Denis Balibouse
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ZURICH (Reuters) - Credit Suisse (SIX:CSGN) shareholders voted to re-elect Chairman Axel Lehmann at the company's annual general meeting in Zurich on Tuesday.

Of the votes cast, 55.67% were in favour of keeping Lehmann chairman for the remainder of the time until the Swiss bank is officially merged with rival UBS as part of a forced takeover orchestrated by Swiss authorities.

© Reuters. FILE PHOTO: A view shows logo of Swiss bank Credit Suisse in front of an office building in Zurich, Switzerland March 16, 2023. REUTERS/Denis Balibouse

Lehmann said earlier that five board members would not stand for re-election.

The remaining board members were all narrowly re-elected by shareholders.

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