Lukas Mühlemann (born 26 May 1950,

Zurich Zurich (; ) is the list of cities in Switzerland, largest city in Switzerland and the capital of the canton of Zurich. It is in north-central Switzerland, at the northwestern tip of Lake Zurich. , the municipality had 448,664 inhabitants. The ...

Switzerland Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland ...

) is a Swiss bank

manager Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a government bodies through business administration, nonprofit management, or the political science sub-field of public administra ...

and

business executive A business executive is a person responsible for running an organization, although the exact nature of the role varies depending on the organization. Executives run companies or government agencies. They create plans to help their organizations gr ...

Early life and education

After finishing school, he studied

commercial law Commercial law (or business law), which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of Legal person, persons and organizations ...

at the

University of St. Gallen The University of St. Gallen (HSG) is a research university located in St. Gallen, Switzerland, that specialises in business administration, economics, law, international affairs, and computer science. It was established in 1898. It consistent ...

from 1969 to 1973. He gained his first professional experience in information marketing at

IBM International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American Multinational corporation, multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is ...

from 1973 to 1975, after which he studied

business administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...

at the

Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

Massachusett The Massachusett are a Native American tribe from the region in and around present-day Greater Boston in the Commonwealth of Massachusetts. The name comes from the Massachusett language term for "At the Great Hill," referring to the Blue Hills ...

s, from 1975 to 1977.

Career

Following his studies, he joined the management consulting firm

McKinsey & Company McKinsey & Company (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinse ...

in 1977. In 1989, he took over the branches of McKinsey & Company in Switzerland. On 1 September 1994, he took up a position as

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

(CEO) of the

Swiss Re Swiss Re Ltd is a Swiss reinsurance company founded in 1863 and headquartered in Zürich, Switzerland. It is one of the world's largest reinsurers, as measured by gross premiums written. Swiss Re operates through around 80 offices in 29 countri ...

insurance Company in Zurich. He became a member of the

board of directors A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...

in November of the same year and was elected

Vice-Chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

in 1996. In the same year, he moved to

Credit Suisse Credit Suisse Group AG (, ) was a global Investment banking, investment bank and financial services firm founded and based in Switzerland. According to UBS, eventually Credit Suisse was to be fully integrated into UBS. While the integration ...

, where he was chairman of the executive board in 1997 and chairman of the board of directors in 2000. During

Swissair Swissair (German language, German: Schweizerische Luftverkehr-AG; French language, French: S.A. Suisse pour la Navigation Aérienne, stylised as swissair) was the Flag carrier, national airline of Switzerland between its founding in 1931 and ban ...

's grounding period, he was also a member of the company's board of directors. He stepped down in 2001. Since 2001 he worked for various smaller banks and companies and advises wealthy clients. In 2008, the

Argentine Argentines, Argentinians or Argentineans are people from Argentina. This connection may be residential, legal, historical, or cultural. For most Argentines, several (or all) of these connections exist and are collectively the source of their ...

judiciary The judiciary (also known as the judicial system, judicature, judicial branch, judiciative branch, and court or judiciary system) is the system of courts that adjudicates legal disputes/disagreements and interprets, defends, and applies the law ...

issued arrest warrants against Mühlemann, together with the former CEO of

JPMorgan Chase JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services, finance corporation headquartered in New York City and incorporated in Delaware. It is List of largest banks in the United States, the largest ba ...

, William B. Harrison Jr., and the former chairman of Dresdner bank, Bernd Fahrholz. The trio had sat on the board of directors of Banco General de Negocios (BGN), closed by the Argentine central bank in early 2002 because of allegations of fraud. The bank's owners, Jorge and Carlos Rohm, had been arrested and the Argentine judiciary held the directors responsible for the loss of CHF 400 million in investor savings.

Legacy

His private assets were estimated at over CHF 100 million in 2006.

References

External links

Lukas Mühlemann Swiss bank manager
{{DEFAULTSORT:Mühlemann, Lukas Swiss businesspeople Credit Suisse people People from Zurich 1950 births University of St. Gallen alumni Harvard Business School alumni Living people