Credit Suisse Group executive Yves-Alain Sommerhalder is leaving, adding to top-level departures as the firm seeks to get back on its feet amid a massive restructure.

Sommerhalder, who was promoted less than a year ago to head financing and products across wealth management globally, is departing after
A Hong Kong-based spokesperson for Credit Suisse wasn't available for comment. Sommerhalder didn't immediately respond to a request for comment sent via Linkedin.
Sommerhalder was among a group of executives responsible for building up the bank's business with rich clients in Asia, having risen up the ranks helping to link the firm's traders with its wealth clients. His exit will add to challenges for Credit Suisse, which is
Together with the outflows, the firm has also been hit by top level departures. It
Chairman Axel Lehmann told Bloomberg News in an
Sommerhalder joined the bank in 2002 as an analyst in the equity derivatives unit in London. He later moved to Zurich as a founding member of Credit Suisse Solution Partners, one of the firm's early initiatives to offer investment banking expertise to ultra-high-net-worth clients, according to the memo.
Fung, who rejoined Credit Suisse last month, and Fletcher also become members of the wealth management committee, the memo said.