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Credit Suisse CEO Says He Won't Seek Ivory Coast Presidency

One of Africa’s fastest-growing economies to hold vote in 2020
CEO says his task at Credit Suisse isn’t yet completed

Tidjane Thiam, chief executive officer of Credit Suisse Group AG. — Tidjane Thiam, chief executive officer of Credit Suisse Group AG.
Photographer: Giulia Marchi/Bloomberg

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September 6, 2018, 4:05 PM UTCUpdated onSeptember 7, 2018, 5:54 AM UTC

Credit Suisse Group AG Chief Executive Officer Tidjane Thiam said he has no intention of leaving his job for politics in his Ivory Coast homeland, after speculation that he could be a presidential candidate in 2020.

“My task is not yet completed and I have every intention of continuing” at the Zurich-based bank, Thiam said in an emailed statement on Thursday. “I am both humbled and honored by the encouragement and support I have been shown recently by many of my fellow Ivorians,” but “I am determined not to get involved in politics.”