The search for his successor was ongoing, said Urs Rohner yesterday opposite the Sunday newspaper. You will get in touch as soon as you have chosen the candidate.
One of those so far hardly anyone spokewho could win the race is Andreas Gottschling. Gottschling Who?
The man is unknown outside of CS and the top banking world. At least for Swiss observers.
Years ago, the 53-year-old German joined the number two board in the banking center. There he heads the important Risk Committee.
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Gottschling has come a long way in the world of money. Deutsche Bank, LGT, Erste Group Bank in Austria were his stations.
In between he worked briefly for the well-known consultant McKinsey, from where CS repeatedly recruited top managers.
Gottschling is said to have taken an active role in the VR, say observers.
Gottschling excelled in particular around the processing of the espionage affair, which cost the CEO and his right-hand man his head.
With Gottschling, CS would again rely on an internal one. Just like with the CEO job: Thomas Gottstein, an existing management member, came to kiss the hand of the failed Tidjane Thiam.
Gottschling-Gottstein would be the name of the new top duo at Credit Suisse if the German actually took over the reins of the financial multinational next spring.
A German as President, a Swiss as CEO.
After the American Brady Dougan and the Afro-French Thiam, each under the supervision of the Swiss lawyer Rohner, the fate of Credit Suisse would now lie in the hands of two top people with related roots who sprout close to home.
Neither Gottschling nor Gottstein exude glamor. Conversely, they have been in banking for a long time, Gottstein his entire professional life, and Gottschling practically too.
In contrast to CEO Gottstein, Gottschling is a theorist. He studied mathematics and physics, then did a doctorate in economics in the USA.
In the banking world, Gottschling did not act on the customer front like Gottstein did, but in the background: when analyzing, controlling and weighing up risks.
According to his CV, he was Chief Operating Risk Officer at Deutsche Bank from 2006 to 2010.
At that time, the Swiss Josef Ackermann, an ex-CS top man, directed the operational fortunes of Deutsche Bank. After Ackermann’s departure, this got into serious trouble because of its risks.
Gottschling left the Frankfurt giant without a new top position. Instead, he became a “Senior Advisor Risk Practice” at McKinsey in Zurich from 2012.
In 2013, Gottschling was given a new opportunity in top-class banking. The Erste Group Bank made the German her head of risk with headquarters in the group management in Vienna.
Erste Group is the association of Austrian savings banks. The IPO took place 23 years ago, and today the group employs 47,000 people as many as CS.
Gottschling didn’t stay long. After three years he left his top position. A year later, Urs Rohner brought him to his CS-VR. Gottschling has headed the Risk Committee, a central position on the committee, since 2018.
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