Landert, who will work closely with David Mathers to manage the transition, joined the bank in 2001 and served as CIO of Credit Suisse since 2008.
He worked at Novartis Pharma and IBM Switzerland before joining Credit Suisse.
Credit Suisse CFO and a member of the executive board, David Mathers, will assume full responsibility for the IT organization in addition to his current role.
Credit Suisse CEO Brady Dougan said that Karl has provided tremendous leadership and wise counsel during the past 11 years and has made significant contributions to the success of the bank by driving the IT agenda and delivering strategic technology solutions for the benefit of the company’s clients around the world.
"The integration of our Finance, Operations and IT functions will support the evolution of the bank’s strategy, while reinforcing the importance of sustaining overall cost efficiency and organizational flexibility and of developing a single operating platform for the bank," Dougan said.
