Axel P. Lehmann (born 1959) is a Swiss business executive. From January 2022 to June 2023, he was chairman of the

Credit Suisse Credit Suisse Group AG (, ) was a global Investment banking, investment bank and financial services firm founded and based in Switzerland. According to UBS, eventually Credit Suisse was to be fully integrated into UBS. While the integration ...

Group.

Early life

Lehmann was born in 1959, and is a Swiss citizen. He earned an

MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...

and a

PhD A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of graduate study and original research. The name of the deg ...

from the

University of St. Gallen The University of St. Gallen (HSG) is a research university located in St. Gallen, Switzerland, that specialises in business administration, economics, law, international affairs, and computer science. It was established in 1898. It consistent ...

. He is an adjunct professor at the university.

Career

Lehmann worked for 20 years in insurance, briefly at

Swiss Life The Swiss Life Group is the largest life insurance company of Switzerland and one of Europe’s leading comprehensive life and pensions and financial services providers, with approximately CHF 255.7 bn of assets under management. Founded in 1857 ...

before joining

Zurich Insurance Group Zurich Insurance Group Ltd. is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. the group is the world's 98th largest public company according to ''Forbes'' Global 2000s list, and in 2011, it ranked 94th i ...

, where he was chief risk officer from 2009 and 2015. 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. He was president of UBS Switzerland from 2018 and 2021. In October 2021, Lehmann became a board member of Credit Suisse as head of its risk committee. In January 2022, Lehmann succeeded António Horta-Osório as chairman of

after he resigned due to repeated breaches of COVID regulations. In April 2023, Lehmann was re-elected as chair after he apologised to investors at the bank's final AGM. Lehmann stepped down with the legal merger of Credit Suisse and

UBS UBS Group AG (stylized simply as UBS) is a multinational investment bank and financial services firm founded and based in Switzerland, with headquarters in both Zurich and Basel. It holds a strong foothold in all major financial centres as the ...

in June 2023.

References

{{DEFAULTSORT:Lehmann, Axel Living people Credit Suisse people UBS people University of St. Gallen alumni Academic staff of the University of St. Gallen 1959 births Swiss bankers