Switzerland's second-largest bank is adding two prominent women to its board, including a well-known Wall Street banker-turned-blockchain star.
The board of directors of Credit Suisse is proposing Clare Brady and Blythe Masters for election as new non-executive members at the annual general meeting to be held on April 30, 2021, according to a statement released on Thursday.
Brady is the former director of internal audit at the International Monetary Fund (IMF) and is currently a member of the audit and risk commission of the International Federation of Red Cross and Red Crescent Societies (IFRC), Switzerland, and non-executive director of Fidelity Asian Values in the U.K.
Former roles include vice president and auditor general of the World Bank Group, managing director and head of group audit in the U.K. and Singapore for Deutsche Bank, head of internal audit at the Bank of England and global head of internal audit at Barclays Capital. Brady is a citizen of the U.K.
Expert on Blockchain
Masters, a U.K. citizen, was the finance chief of J.P. Morgan Chase's investment bank and later its top commodities banker before joining Digital Asset Holdings, a financial technology firm, where she was CEO until 2018.
She is currently an industry partner at Motive Partners, private equity firm specialized in technology for financial services, a board member at A.P. Moller - Maersk and board, and audit committee chair at Phunware, an enterprise mobile platform.
New Chairman Awaited
From the current members of the board, Joaquin Ribeiro, John Tiner, and Chairman Urs Rohner will not stand for re-election in 2021. All other members of the board will stand for re-election for a further term of office of one year.
As previously stated, the chairman’s succession process is well underway, and a successor will be announced before the end of the year, the bank said.
