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Credit Suisse names new chief compliance officer after Archegos shake-up

Changes continue at top of Swiss bank after family office scandal

Lender brings in new heads for compliance and HR teams in wake of critical report
Lender brings in new heads for compliance and HR teams in wake of critical report Photo: Getty Images/Sebastien Bozon

Credit Suisse has unveiled its new chief compliance officer following the ousting of former boss Lara Warner in the wake of its $5.5bn hit from the collapse of family office Archegos Capital.

Rafael Lopez Lorenzo, a former JPMorgan banker and Credit Suisse's current global head of audit, has been appointed chief compliance officer, the Swiss bank said in a statement.

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