Chief Executive Officer Tidjane Thiam sought to convince shareholders that his strategy for turning around Credit Suisse Group AG will succeed while acknowledging the plan is still very much a work in progress.
“We are building our platform for the future,” Thiam told shareholders in Zurich on Friday. “That can seem like a tough task, and one that rarely wins many plaudits in the short term, but it is the only path that will lead to success in the long term.”