By Olivia Bugault

Credit Suisse Group AG said Tuesday its board of directors has proposed that Antonio Horta-Osorio, the chief executive of Lloyds Banking Group PLC, be elected as the Swiss bank's next chairman at its annual general meeting on April 30, 2021.

Mr. Horta-Osorio would succeed Urs Rohner, who will step down in 2021, Credit Suisse said.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

December 01, 2020 01:39 ET (06:39 GMT)

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