Former Credit Suisse Chairman Antonio Horta-Osorio Fined $2,175 for COVID-19 Breach in Switzerland

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Former Credit Suisse Chairman Antonio Horta-Osorio Fined $2,175 for COVID-19 Breach in Switzerland

4th February 2022 | Hong Kong

Former Credit Suisse Chairman Antonio Horta-Osorio has been fined $2,175 (CHF 2,000) for breaching COVID-19 quarantine rules in Switzerland.   In November 2021, Antonio Horta-Osorio had left Switzerland during a 10-day quarantine period.  The now former Credit Suisse Chairman Antonio Horta-Osorio had breached COVID-19 rules twice in 2021, breaking Switzerland quarantine rules and attending the Wimbledon tennis finals in London in July 2021 and breaking Britain’s COVID-19 rules.  On 21st January 2022, Credit Suisse has appointed Axel P. Lehmann as the new Chairman with immediately effect, with António Horta-Osório resigning following an investigation by the Board for COVID-19 breaches. 

“ Former Credit Suisse Chairman Antonio Horta-Osorio Fined $2,175 for COVID-19 Breach in Switzerland “

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António Horta-Osório Resigns for COVID-19 Breaches

Credit Suisse has appointed Axel P. Lehmann as the new Chairman with immediately effect, with António Horta-Osório resigning following an investigation by the Board for COVID-19 breaches.  The now ex-Credit Suisse Chairman António Horta-Osório had breached COVID-19 rules twice, including flying to London for the Wimbledon Tennis Finals in July 2021.  Credit Suisse: “Under the leadership of Axel Lehmann, the Board and the Executive Board will continue to execute Credit Suisse’s strategy, driving forward the transformation of the bank.”

Credit Suisse:

• Credit Suisse Appoints New Chairman Axel Lehmann, António Horta-Osório Resigns
• Credit Suisse Chairman Breaches COVID-19 Rules Twice, Flying to London for Wimbledon Tennis Finals in July
• Credit Suisse Fires 2 Investment Managers Involved in $10 Billion Greensill Funds
• Credit Suisse Appoints Francesco De Ferrari as CEO of Wealth Management & Private Bank, Announces New Leadership
• Credit Suisse Appoints Toshihiro Yamamura as Head of Private Banking Japan, $5 Trillion & 2nd Largest Market in APAC
• Credit Suisse Hires Bikram Sen as Team Leader for Non-Resident India Market
• European Commission Fines UBS, Barclays, RBS, HSBC & Credit Suisse $389 Million for FX Spot Trading Cartel
• Credit Suisse Investment Outlook 2022: Economic Growth to Stay Above Trend
• Credit Suisse Private Bank Francois Monnet to Retire, Benjamin Cavalli Appointed Head of Wealth Management APAC
• Credit Suisse Private Bank Appoints Benjamin Cavalli as Head of Wealth Management APAC
• Credit Suisse Private Bank Appoints Jinyee Young as Deputy Head of Wealth Management Asia-Pacific
• Credit Suisse Appoints Chien Chien Wong as CEO Singapore, First Female CEO in Singapore
• Credit Suisse Appoints Sacha Eugster as Private Banking Market Leader for Philippines
• Credit Suisse Merges Global Wealth Management & Private Banking

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