Credit Suisse proposes Richard Meddings for election as BoD non-exec member

Maria Nikolova

Richard Meddings, Chairman of the UK bank TSB, has more than 30 years of experience in the financial services sector.

Credit Suisse Group AG (SWX:CSGN) today announces that its Board of Directors is proposing Richard Meddings for election as a new non-executive member at the Annual General Meeting on April 30, 2020.

Mr Meddings, Chairman of the UK bank TSB, has more than 30 years of experience in the financial services sector. He qualified as a chartered accountant with Price Waterhouse and then started his banking career at Hill Samuel Bank in corporate finance in 1984. In the subsequent years he held senior finance roles at Credit Suisse First Boston (former BZW) and Woolwich, before joining Barclays in 2000 as Group Financial Controller and COO of the Wealth Management Division. After that, he was a member of the main board of Standard Chartered from 2002 to 2014 and held the position of Group Finance Director during the period from 2006 to 2014.

In addition to his Chairman role at TSB, Mr Meddings currently serves as a non-executive director and Chair of the Audit Committee of HM Treasury in the UK.

His former non-executive roles include supervisory board member and Chair of the Audit Committee at Deutsche Bank, non-executive director and Chair of the Risk Committee at Legal and General Group, non-executive director, Chair of the Remuneration Committee and member of the Audit and Risk Committees at Jardine Lloyd Thompson Group, and non-executive director and Lead Independent Director at 3i Group.

Richard Meddings is a chartered accountant and holds a bachelor’s degree in modern history from the University of Oxford.

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