Credit Suisse's new managing director list: the names
Credit Suisse has announced its new class of managing directors.
Even though “the situation has developed, not necessarily to the Credit Suisse’s advantage”, the bank has still found 183 people it wants to keep enough that a bit of title inflation won’t hurt.
With 208 nominated in 2021, 150 in 2020, and 177 in 2019, the number is hardly a shock – and roughly on par with peers such as Goldman Sachs, who promote around twice as many every two years.
MDs are the cream of a bank’s crop. The role takes around 15 years to get to, and only around 20% of those even eligible to become MDs actually do – but with salaries around $400k to $500k and bonus on top of that, it’s a greasy pole with a lot of cake at the top.
Credit Suisse's H1B visa record indicated a managing director in 2021 earned $810k in base salary with the firm - although the number was possibly an outlier. Three MDs in 2020 earned $350k a year.
Credit Suisse’s newest cake eaters as follows:
Sara Carnazzi Weber
Jan de Vries
Luca Lazzarino De Lorenzo
Robert Lecky III
Khang Nie Lee
Antonio Lucena De Lucena
Jean Jane Ng
Lars Gustaf Aestan Orstadius
Sophie van Kleef
Kin Kei Wai
Have a confidential story, tip, or comment you’d like to share? Contact: Zeno.Toulon@efinancialcareers.com in the first instance.
Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)