Ms McDonagh will take up the role of CEO of the Europe, Middle East and Africa region of Credit Suisse by October.
She was the first female CEO of the 234-year-old lender and joined from HSBC Group, where she held a number of senior roles. The Swiss bank today announced a management shakeup with its group finance chief David Mathers set to leave the embattled bank. Asia-Pacific head Helman Sitohang will step down on June 1 and be replaced by Credit Suisse veteran Edwin Low, it added.
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