Credit Suisse: Axel Lehmann elected Chairman of the Board


(CercleFinance.com) – Credit Suisse announced on Friday that its shareholders had elected Axel Lehmann as chairman of the board of directors, with a majority of 95.3% of the votes.

The Swiss merchant bank says its shareholders also elected Mirko Bianchi, Keyu Jin and Amanda Norton as non-executive board members.

The two proposals presented by the Ethos Foundation, which the board recommended not to accept, were however rejected by the shareholders.

This foundation, which specializes in responsible investment, demanded special control over the affairs of supply chain finance funds (Supply Chain Finance funds) and ‘Swiss Leaks’, a proposal rejected by 88.5% of the vote.

As for the proposal relating to climate change which focused on disclosure in relation to the oil, gas and coal sectors, it was rejected by 77.2% of the vote.

The shareholders also discharged the Board of Directors and the Management Board for the 2021 financial year.

However, the discharge for the financial year 2020 which would also have excluded the discharge relating to the matter of the ‘Supply Chain Finance’ funds was not granted by the shareholders to the board and the management board.

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