Swiss banking group Credit Suisse has made several changes to its management team, effective immediately.
As part of the changes, Lara Warner has been named as the new group chief risk officer (CRO), replacing Jo Oechslin.
Meanwhile, Oechslin will now serve as senior adviser – risk management, a newly created position, and quit the executive board.
Warner has been working at Credit Suisse for 17 years and served as the chief compliance officer.
She also worked as the CFO and COO of the investment banking arm.
Lydie Hudson will now succeed Warner as compliance chief and sit on the group executive board.
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By GlobalDataDuring her 11-year tenure at Credit Suisse, Hudson served as the COO of global markets.
Additionally, Antoinette Poschung has been appointed as the new global head of human resources.
Poschung has been working at the bank since 2008.
She replaces Peter Goerke, who will assume the role of senior adviser- new projects.
Goerke will exit the group executive board. In the new role, he will prioritise Asia and China.
Warner, Hudson and Poschung will now report to the CEO.
Credit Suisse chairman of the board Urs Rohner said: “The contributions of Peter Goerke and Jo Oechslin have been key in driving the successful restructuring of the firm over the past three years and in shaping our human resources and risk management functions for the future.
“We are fortunate that we can continue to benefit from their experience and expertise in their new advisory roles.”