Axel Lehmann

Axel P. Lehmann (born 1959) is a Swiss business executive. From January 2022 to June 2023, he was chairman of the Credit Suisse Group.

Early life
Lehmann was born in 1959, and is a Swiss citizen. He earned an MBA and a PhD from the University of St. Gallen. He is an adjunct professor at the university.

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. 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. He was president of UBS Switzerland from 2018 and 2021. In October 2021, Lehmann became a board member of Credit Suisse as head of its risk committee.

In January 2022, Lehmann succeeded António Horta-Osório as chairman of Credit Suisse after he resigned due to repeated breaches of COVID regulations.

In April 2023, Lehmann was re-elected as chair after he apologised to investors at the bank's final AGM. Lehmann stepped down with the legal merger of Credit Suisse and UBS in June 2023.