Universal Registration Document 2023

Biography

A graduate of École Polytechnique and École Nationale Supérieure des Mines de Paris and holder of an MBA from INSEAD, Tidjane Thiam worked for ten years at the strategy consulting firm McKinsey where he was a Partner. Between 1994 and 1999, Tidjane Thiam moved to Côte d’Ivoire to serve as Managing Director of BNETD (National Bureau of Technical and Development Studies) and as the country’s representative to the IMF and the World Bank. He has contributed to some of the largest privatization and infrastructure projects in emerging countries.

In 1997, he was one of the Davos World Economic Forum’s “100 Young Global Leaders of Tomorrow”, and in 1999 he was elected member of the Forum’s “Dream Cabinet.” He then held various managerial positions at Aviva (recently named Abeille Assurances) from 2002 to 2007, including Managing Director Europe. He was CFO of Prudential plc from 2007 to 2009, then CEO from 2009 to 2015: the market capitalization of the insurance group tripled from 2009 to 2015 and exceeded USD 60 billion. From 2012 to 2014, he was Chair of the Board of Directors of the Association of British Insurers. Tidjane Thiam then was Chief Executive Officer of Credit Suisse from 2015 to 2020, where he implemented a three‑year restructuring program, recognized by Euromoney, which named Tidjane Thiam “Banker of the Year” in 2018. In 2019, he helped Credit Suisse achieve its highest annual profits since 2010. In 2010, Tidjane Thiam was named to the “Time 100” list. In 2011, he received the insignia of Chevalier de la Légion d’Honneur.