CEO Today Middle East Awards
45 www.ceotodaymagazine.com CEO Today Middle East Awards 2019 saudi arabia TIDJANE THIAM CEO of Credit Suisse Saudi Arabia ABOUT TIDJANE THIAM Tidjane Thiam is a French-Ivorian banker and philanthropist who has served as the chief executive officer of Swiss bank Credit Suisse since March 2015. Previous to assuming the post, Thiam was the chief financial officer of British banking group Prudential from 2007 to 2009 before serving as its chief executive until 2013. Born into a prominent political family in the Ivory Coast, he holds dual Ivorian and French citizenship. He studied advanced mathematics and physics in France before joining the management consultants McKinsey & Company in 1986, where he worked until 1994. From 1994 to 1999 he worked in the Ivory Coast first as chief executive of the National Bureau for Technical Studies. Following the 1999 Ivorian coup d’état, he resumed a private sector career and rejoined McKinsey in Paris from 2000 to 2002, then worked as a senior executive for Aviva before being recruited by Prudential. Born 1962 – French and Ivorian citizen Member of the Executive Board of Credit Suisse Group AG and Credit Suisse AG since 2015. Professional history 2015–present Credit Suisse • Chief Executive Officer of the Group (2015–present) • Member of the board of Credit Suisse (Schweiz) AG (Swiss subsidiary) (2016–present) 2008–2015 Prudential plc • Group Chief Executive (2009–2015) • Chief Financial Officer (2008–2009) 2002–2008 Aviva • Chief Executive, Europe (2006–2008) • Managing Director, International (2004–2006) • Group Strategy & Development Director (2002–2004) 2000–2002 McKinsey & Co • Partner, Paris 1998–1999 Minister of Planning and Development, Côte d’Ivoire 1994–1998 National Bureau for Technical Studies & Development, Côte d’Ivoire • Chairman and Chief Executive Prior to 1994 McKinsey & Co • Consultant, Paris, London and New York FIRM PROFILE A leading wealth manager with strong investment banking capabilities. Our strategy builds on Credit Suisse’s core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Founded in 1856, we today have a global reach with operations in about 50 countries and 46,840 employees from over 170 different nations. Our broad footprint helps us to generate a geographically balanced stream of revenues and net new assets and allows us to capture growth opportunities around the world. We serve our clients through three regionally focused divisions: Swiss Universal Bank, International Wealth Management and Asia Pacific. These regional businesses are supported by two other divisions specializing in investment banking capabilities: Global Markets and Investment Banking & Capital Markets. The Strategic Resolution Unit consolidates the remaining portfolios from the former non-strategic units plus additional businesses and positions that do not fit with our strategic direction. Our business divisions cooperate closely to provide holistic financial solutions, including innovative products and specially tailored advice. Education 1988 INSEAD, Master of Business Administration 1986 Ecole Nationale Supérieure des Mines de Paris, Advanced Mathematics and Physics 1984 Ecole Polytechnique, Paris Other activities and functions • 21st Century Fox, board member • Group of Thirty (G30), member • International Business Council of the World Economic Forum, member
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