Axel P. Lehmann (born 1959) is a Swiss business executive. From January 2022 to June 2023, he was chairman of the Credit Suisse Group.[1]
Early life
Lehmann was born in 1959, and is a Swiss citizen.[2] He earned an MBA and a PhD from the University of St. Gallen.[3] He is an adjunct professor at the university.[4]
Career
Lehmann worked for 20 years in insurance, briefly at Swiss Life before joining Zurich Insurance Group, where he was chief risk officer from 2009 and 2015.[4] He was a non-executive director of UBS from 2009 to 2015 before joining the bank full-time, and in 2016 he appointed its chief operating officer.[4] He was president of UBS Switzerland from 2018 and 2021.[4] In October 2021, Lehmann became a board member of Credit Suisse as head of its risk committee.[4]
In January 2022, Lehmann succeeded António Horta-Osório as chairman of Credit Suisse after he resigned due to repeated breaches of COVID regulations.[4]
In April 2023, Lehmann was re-elected as chair after he apologised to investors at the bank's final AGM.[5] Lehmann stepped down with the legal merger of Credit Suisse and UBS in June 2023.