Thomas P. Gottstein (born 1964) is a Swiss former banker. He was a member of the group executive board of Credit Suisse from October 2015 to July 2022. From February 2020 to July 2022, he was chairman of the executive board (group CEO) of

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 ...

Biography

Gottstein was born in 1964 in

Zürich Zurich (; ) is the list of cities in Switzerland, largest city in Switzerland and the capital of the canton of Zurich. It is in north-central Switzerland, at the northwestern tip of Lake Zurich. , the municipality had 448,664 inhabitants. The ...

. Growing up on the left bank of Lake Zurich, Gottstein first played junior football for

FC Zürich Fussballclub Zürich, commonly abbreviated to FC Zürich or simply FCZ, is a professional football club based in Zurich, Switzerland. The club was founded in 1896 and has won the Swiss Super League thirteen times and the Swiss Cup ten times. ...

before embarking on a successful amateur golf career. Thomas Gottstein became Swiss junior champion twice, Swiss amateur champion three times and won the European junior golf team. Gottstein was a member of the Swiss national team at five consecutive World Amateur Championships (

Eisenhower Trophy The Eisenhower Trophy (World Men's Amateur Team Championships) is the biennial World Amateur Team Championship for men organized by the International Golf Federation. Since the tournament was first played in 1958 Eisenhower Trophy, 1958, it is nam ...

) from 1984-1992 and was also a member of the continental European team at the 1988 St Andrews Trophy in St Andrews, Scotland. However, Thomas Gottstein decided against a career as a professional athlete and studied business administration and economics at the University of Zurich, graduating in 1989. In 1996, he was awarded a degree in finance and accounting at the same

University of Zurich The University of Zurich (UZH, ) is a public university, public research university in Zurich, Switzerland. It is the largest university in Switzerland, with its 28,000 enrolled students. It was founded in 1833 from the existing colleges of the ...

. From 1990 to 1999 he worked for the

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 Zürich and six years in investment banking in London. In 1999, he moved to Credit Suisse's investment banking division in London. From 2007 to the end of 2009, he was Co-Head of Equity Capital Markets for the EMEA region. After 17 years in London, he moved to Zürich in January 2010 and became Head of Investment Banking Switzerland Coverage. Between 2013 and 2015, Thomas Gottstein was part of the Global Wealth Management Operating Committee as Head of Premium Clients Switzerland and Global External Asset Management. In 2015, he was promoted to CEO of the Swiss Universal Bank Division and CEO of Credit Suisse (Switzerland) Ltd of the bank. On 7 February 2020, it was announced that Gottstein, head of the bank's Swiss domestic operations since 2015, would succeed

Tidjane Thiam Tidjane Thiam (; born 29 July 1962) is an Ivorian businessman, and the executive chairman of Freedom Acquisition Corp. He was the chief executive officer (CEO) of Swiss bank Credit Suisse from March 2015 to February 2020. He was the chief financi ...

on 14 February 2020. In the March days of the first coronavirus pandemic in 2020, Gottstein used his network and, together with the then Federal Councillor

Ueli Maurer Ulrich "Ueli" Maurer (; born 1 December 1950) is a Swiss politician who served as a List of members of the Swiss Federal Council, Member of the Swiss Federal Council from 2009 to 2022. A member of the Swiss People's Party (SVP/UDC), he was Pres ...

, FINMA and the

Swiss National Bank The Swiss National Bank (SNB; ; ; ; ) is the central bank of Switzerland, responsible for the nation's monetary policy and the sole issuer of Swiss franc banknotes. The primary goal of its mandate is to ensure price stability, while taking econ ...

, set up the national Covid-19 loan programme, in which 120 Swiss banks participated. Due to a certified high risk of heart attack, Thomas Gottstein decided to step down as Group CEO in July 2022. In July 2022, Gottstein resigned from his position and was replaced by Ulrich Körner. Gottstein was a board member of

SIX Swiss Exchange SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zürich, is Switzerland's principal stock exchange (the other being BX Swiss). SIX Swiss Exchange also trades other security (finance), securities such as Swiss government bonds and deriv ...

, and the

Zurich Opera House The Zurich Opera House () is an opera house in the Swiss city of Zurich. Located at the Sechseläutenplatz, it has been the home of the Zurich Opera since 1891, and also houses the Bernhard-Theater Zürich. It is also home to Ballett Zürich. I ...

. Gottstein is married and has two sons.

References

1964 births Living people Swiss bankers Swiss chief executives Credit Suisse people University of Zurich alumni {{Switzerland-business-bio-stub