Axel Lehmann

Axel P. Lehmann (born 1959) is a Swiss business executive. From January 2022 to June 2023, he was chairman of the Credit Suisse Group.^[1]

Axel P. Lehmann
Lehmann in 2022
Born	(1959-03-23) 23 March 1959 (age 66)
Nationality	Swiss
Education	University of St. Gallen (MBA, PhD)
Title	Former chairman, Credit Suisse
Term	January 2022-June 2023
Predecessor	António Horta-Osório

Early life

Lehmann was born in 1959, and is a Swiss citizen.^[2] He earned an MBA and a PhD from the University of St. Gallen.^[3] He is an adjunct professor at the university.^[4]

Career

Lehmann worked for 20 years in insurance, briefly at Swiss Life before joining Zurich Insurance Group, where he was chief risk officer from 2009 and 2015.^[4] He was a non-executive director of UBS from 2009 to 2015 before joining the bank full-time, and in 2016 he appointed its chief operating officer.^[4] He was president of UBS Switzerland from 2018 and 2021.^[4] In October 2021, Lehmann became a board member of Credit Suisse as head of its risk committee.^[4]

In January 2022, Lehmann succeeded António Horta-Osório as chairman of Credit Suisse after he resigned due to repeated breaches of COVID regulations.^[4]

In April 2023, Lehmann was re-elected as chair after he apologised to investors at the bank's final AGM.^[5] Lehmann stepped down with the legal merger of Credit Suisse and UBS in June 2023.^[6]