Credit Suisse has appointed Michael Rdiger as CEO of Credit Suisse in Germany, Austria, Luxembourg and Central Europe.
Rdiger will be based in Frankfurt and assumes his new role on 1 March 2008.
In this newly created role, Rdiger will be responsible for businesses in Germany, Austria, Luxembourg and Central Europe across the Private Banking, Investment Banking and Asset Management divisions. He will ensure a consistent approach in these markets on clients, business strategy, human capital and legal and regulatory matters.
For Germany, Austria and Luxembourg, Rdiger will report to Eric Varvel, CEO of the EMEA region. For Central Europe, Rdiger will report to Fawzi Kyriakos-Saad, CEO of Emerging Markets in the EMEA region. The Central Europe sub-region will include Bulgaria, Czech Republic, Hungary, Poland, Romania, Slovakia and Slovenia.
“Michael is an outstanding leader and brings to the role in depth experience and knowledge of the German market, as well as strong relationships across Central Europe. This senior appointment demonstrates our commitment to our franchise in Germany, which is a priority market for Credit Suisse, as well as our businesses in Austria, Luxembourg and Central Europe, which offer exciting opportunities,” says Eric Varvel, CEO, EMEA region, Credit Suisse.