Credit Suisse Group AG today announced the appointment of David Wildermuth as Chief Risk Officer and a member of the Executive Board of Credit Suisse Group as of February 1, 2022 at the latest.

Mr Wildermuth joins Credit Suisse from Goldman Sachs. He is a 34-year banking veteran, bringing extensive experience in risk management and in-depth knowledge of the financial services industry. He will be based in Zurich and will report directly to Group Chief Executive Officer Thomas Gottstein.

Joachim Oechslin will continue to serve as ad interim Chief Risk Officer until Mr Wildermuth joins. After the handover to Mr Wildermuth, Joachim Oechslin will reassume – as agreed already in early April – a senior role as Strategic Advisor to the Group CEO.

Since joining Goldman Sachs as a vice president in 1997, Mr Wildermuth held a number of senior roles, both in the US and the UK, including chief risk officer EMEA and global chief credit officer. He was named managing director in 2001 and partner in 2010. In 2015, he was appointed deputy chief risk officer. He is a member of various risk committees at Goldman Sachs as well as a member of the board of Goldman Sachs International Bank.

Before joining Goldman Sachs, Mr Wildermuth spent a decade at European American Bank and its ultimate parent ABN Amro in various corporate finance, real estate and risk roles.

David Wildermuth has a Bachelor of Arts dual major in Economics and Computer Science from Dartmouth College, US.