The operating chief of Credit Suisse’s domestic unit is leaving the bank after just two years. With her exit, the Swiss bank is losing one of its few high-profile female executives.
Dagmar Kamber-Borens will leave Credit Suisse following a revamp, the bank said in a statement sent to media on Tuesday.
The Swiss bank is replacing her with Robert Wagner (pictured below), effective November 1. In addition, Anke Bridge-Haux, the unit’s high-profile digital boss, is being elevated to the Swiss subsidiary’s top management. The move is a bid to underscore the importance of digitization for Credit Suisse, the bank said.
Poached from UBS
Kamber-Borens, a respected lawyer and veteran of UBS, was poached by Credit Suisse two years ago. Since then, she was instrumental in carving out the Swiss unit for an initial public offering (which was ultimately blown off in favor of a traditional cash call).
«Dagmar Maria Kamber Borens has successfully managed the chief operating officer division of the Swiss universal Bank over the past two years and played a key role in shaping its strategy,» Swiss head Thomas Gottstein said.
Carved Out
The structural change sparking her exit is to carve out digitization and elevate it to top management – previously, Kamber-Borens had overseen it. Wagner, who has been with Credit Suisse since 2009, will merely be responsible for IT, operations, and other management support. Currently operating chief of private and wealth clients, Wagner was previously with cross-town rival UBS.
Bridge-Haux has been the public face of Credit Suisse's digital efforts since her appointment two years ago. The seven-year Credit Suisse veteran was in trading and sales previously, and has experience in both private banking and investment banking.
