ZURICH (Reuters) – Credit Suisse (CSGN.VX ) ultra-high net worth banker Rolf Boegli is stepping down at year-end due to health reasons, according to a memo seen by Reuters on Friday.
The Swiss banker, head of premium clients in Switzerland and external asset managers, is taking a leave of absence and plans to return to Credit Suisse eventually, according to the memo, of which the bank confirmed the contents.
He will be replaced by Thomas Gottstein, a corporate finance banker in Switzerland and 14-year veteran of Credit Suisse.
Boegli had been in the job little more than a year following the merger of the bank’s retail and private banking arms in Switzerland last year.
Ultra-wealthy clients in Switzerland typically have more than $50 million in bankable assets.
(Reporting By Oliver Hirt. Writing by Katharina Bart.)
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