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Clariden Leu AG

Beat Wittmann to leave Clariden Leu

Zurich (ots)

Beat Wittmann, CEO Investment Products and Member
of Clariden Leu's Executive Board, is leaving the bank. Martin Klaus,
an experienced manager with in-depth knowledge of the sector, will
take charge of the Investment Products division on an interim basis.
Mr Klaus has headed the Business Development unit at Investment
Products since January 1, 2007. As he is very well versed in the
division's strategy and product portfolio, he will ensure continuity.
Previously, over a period of 14 years, Martin Klaus was responsible
for a number of Bank Leu units, including Trading, Investment Funds,
Structured Products, Financing, and Asset & Liability Management.
Clariden Leu is not altering its existing and successful business
model, in which two areas of activity - Private Banking and
Investment Products - complement each other.
Clariden Leu Ltd came into being on January 26, 2007 as a result
of the merger of Credit Suisse's four private banks - Clariden, Bank
Leu, Bank Hofmann, and BGP Banca di Gestione Patrimoniale - as well
as the securities dealer Credit Suisse Fides. It is a leading private
bank offering a comprehensive and high-quality range of products and
advisory services. With over 20 offices worldwide, Clariden Leu
serves wealthy clients with demanding wealth management and product
requirements, external asset managers, and wholesale clients. With
assets under management of some CHF 124 billion, Clariden Leu is one
of Switzerland's biggest asset managers.

Contact:

Thomas Ackermann
Head Marketing & Communications Clariden Leu
Tel.: +41/58/205'34'44
E-Mail: thomas.ackermann@claridenleu.com

Dagmar Gall
Head Communications Clariden Leu
Tel.: +41/58/205'37'10
E-Mail: dagmar.gall@claridenleu.com

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