New employer representative on the Board of Trustees of the Pension Fund

Joachim Oechslin joins the Board of Trustees of the Pension Fund and Pension Fund 2 of Credit Suisse Group (Switzerland) as employer representative as of April 14, 2021.

Joachim Oechslin was named interim Chief Risk Officer of Credit Suisse Group effective April 6, 2021 and rejoins the Executive Board. From January 2014 to February 2019, he was Chief Risk Officer and member of the Executive Board of Credit Suisse Group AG and then served as Chief of Staff for and senior advisor to the CEO of Credit Suisse Group.

Mr. Oechslin studied engineering and mathematics in Winterthur and Zurich. He began his professional career in 1998 as a consultant at McKinsey & Company in Zurich, then moved to Winterthur Life & Pensions in 2001. There, he was appointed Chief Risk Officer and member of the Executive Board of Winterthur Group, which was part of Credit Suisse Group at the time. In September 2007, he joined Munich Re Group in Munich as their Chief Risk Officer. Joachim Oechslin is a member of the Board of Directors of Swiss Re.

Joachim succeeds Markus A. Beeler, who represented the interests of the employer as a retiree representative since 2019. We would like to thank Markus for his dedication and welcome Joachim Oechslin to the Board of Trustees of the Pension Fund.

Duties of the Board of Trustees

As the highest governing body, the Board of Trustees manages and supervises the Pension Fund of Credit Suisse Group (Switzerland). It defines the overall strategy of the Pension Fund and monitors its implementation. During their four years in office, the members of the Board of Trustees dedicate themselves in particular to the areas of pension provision, investment of assets, risk management, and organization of the Pension Fund. The 12-person board appoints the management, the pensions actuary and the independent auditors, while also designating the members of the various Pension Fund committees.