(ATR) The departure of Tidjane Thiam as CEO of Credit Suisse apparently will not affect his membership of the IOC, elected last June.
Thiam resigned from the Zurich-based bank Feb. 7 in the aftermath of a spying scandal that he says he knew nothing about. Implicated is the former chief operating officer for Credit Suisse who is accused of arranging surveillance of an executive who left the bank last year to join rival UBS. He’s also charged with shadowing the Credit Suisse human relations director.
Thiam, despite culpability for the actions of his former colleague, nonetheless fell on his sword at Friday’s meeting of the Credit Suisse board.
"I had no knowledge of the observation of two former colleagues. It undoubtedly disturbed Credit Suisse and caused anxiety and hurt. I regret that this happened and it should never have taken place," Thiam says in a press release.
Thiam, 57, joined Credit Suisse, Switzerland’s number-two bank, in 2015.
So far there is no indication from IOC headquarters that Thiam’s IOC membership will be affected by the Credit Suisse scandal. No response yet to an inquiry to Thiam.
Born in Cote d’Ivoire, Thiam fled the country in 1999 when a coup took control. Thiam’s background in banking and business was one of the reasons Thiam was recruited to join the IOC in 2019. According to his biography on the IOC website, Thiam still has not been assigned to serve on any IOC Commissions.
Reported by Ed Hula.
Últimas Noticias
Utah’s Olympic venues an integral part of the equation as Salt Lake City seeks a Winter Games encore
IOC president tells Olympic Movement “we will again have safe and secure Olympic Games” in Beijing
Boxing’s place in the Olympics remains in peril as IOC still unhappy with the state of AIBA’s reform efforts
IOC president details Olympic community efforts to get Afghans out of danger after Taliban return to power
North Korea suspended by IOC for failing to participate in Tokyo though its athletes could still take part in Beijing 2022
