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Prudential's Thiam to be CEO of Credit Suisse

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Mr Thiam (above) will helm Switzerland's second-biggest lender after Mr Dougan steps down at the end of June.

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Mr Thiam will helm Switzerland's second-biggest lender after Mr Dougan (above) steps down at the end of June.

Zurich

CREDIT Suisse Group AG named Prudential Plc's Tidjane Thiam to replace Brady Dougan as chief executive officer as the bank grapples with regulations that have hurt earnings. Mr Dougan will step down at the end of June, Credit Suisse said in a statement on its website on Tuesday.

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