Iqbal Khan, a former close associate of ex-CEO Tidjane Thiam, is now a CEO candidate at Credit Suisse, after a series of events involving disagreements and the bank's acquisition by UBS.
Khan, current head of Credit Suisse's global wealth management division, is set to add the role of president for Asia-Pacific, indicating a potential path towards CEO position.
With current CEO expected to leave by early 2027, Khan's promotion marks a significant step towards potentially leading Credit Suisse.
The promotion of Khan and another candidate by UBS sets off a succession race, positioning Khan as a strong contender for the CEO role at Credit Suisse.
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