Thomas Gottstein

Credit Suisse

Chief Executive Officer

Thomas Gottstein was appointed Chief Executive Officer of Credit Suisse Group AG in February 2020. During his 21-year career at Credit Suisse, Mr. Gottstein has held senior roles in wealth management and investment banking/capital markets, working for many years in London and subsequently in Switzerland. In 2015, he joined the Group Executive Board as Chief Executive Officer of the Swiss Universal Bank Division where he increased pre-tax income by more than 60%, from USD 1.7 billion to USD 2.8 billion over four years. Prior to that, he was Head of Premium Clients Switzerland & Global External Asset Managers within the former Private Banking & Wealth Management division from 2013 to 2015. From 1999 to 2013, he held various senior positions in Credit Suisse’s investment banking division, including Head of Investment Banking Coverage Switzerland (2010–13) and Co-Head of Credit Suisse’s Equity Capital Markets EMEA team (2007–10). Mr. Gottstein holds a PhD in finance and accounting and a degree in business administration and economics from the University of Zurich.

Sessions With Thomas Gottstein

Wednesday, 3 March

  • 09:45am - 10:15am (CST) / 03/mar/2021 03:45 pm - 03/mar/2021 04:15 pm

    Plenary

    Climate Action & Finance

    Panel Finance & Investment/Trading & Risk Management Energy Transition/Climate & Sustainability
    Five years have elapsed since the Paris Climate Accord and since Mark Carney’s “Breaking the Tragedy of the Horizon” speech, which warned of the risks to financial markets from climate change. The climate policies of most governments still fall far short of delivering the emissions reductions required to achieve the Paris ambition of limiting global warming to well below 2 degrees C. Yet regulators and investors are increasingly pushing companies for “Paris-compliant” strategies and climate impact metrics. And money is flowing into ESG funds with climate as a high priority. How quickly will climate-related policies, physical risks, and transition and liability risks affect asset values? Does climate change pose systemic financial risk? Is the financial sector creating useful pressure policymakers and the public for climate action? Or is it getting ahead of reality and creating a potential bubble in “green” investments?