credit swisse Annual Report Part 4 Board of directors and advisory board of Credit

BOARD OF DIRECTORS AND ADVISORY BOARDS OF CREDIT SUISSE GROUP

Advisory BoardSwitzerland

Ulrich Bremi, ChairmanUrs Lauffer, Vice-ChairmanFranz Albers Truls D. Berg Susy Brüschweiler Martin Candrian Melchior Ehrler Brigitta M. Gadient Riccardo Gullotti Rainer E. Gut Urs Hammer André Kudelski Rosmarie Michel Lukas Mühlemann Erich Müller Gaudenz Staehelin Hans-Peter Zehnder Roland Zimmerli

International Advisory Board

Flavio Cotti, ChairmanFranco Bernabè Mario A. Corti Thierry DesmarestFritz GerberRainer E. Gut Michael Hilti Andreas W. Keller Helmut Kohl Andreas N. Koopmann Paulo Jorge LemannLukas Mühlemann Agostino Rocca Manfred Schneider Ernst Tanner

Independent AuditorsKPMG Klynveld Peat MarwickGoerdeler SA, Zurich

Rainer E. Gut Born 1932. Chairman ofthe Boards of Directors ofCredit Suisse Group,Credit Suisse and CreditSuisse First Boston.

At the Annual General Meeting on 28 May 1999, Messrs Robert

L. Genillard, Ulrich Bremi and Adolf Gugler will reach the age limit for

membership on the Board of Directors and will therefore retire from

this body. Furthermore, Mr Theodor M. Tschopp will resign from the

Board at the 1999 Annual General Meeting due to his resignation as

Chairman of the Board of Alusuisse-Lonza Group.

Mr Genillard has served the organisation for four decades, first

as Chairman and CEO of Credit Suisse White Weld, which then later

became CS First Boston, and as a Board member of the former Credit

Suisse (from 1986), CS First Boston (from 1990) and CS Holding

(from 1989). Since the refocusing of the Group in 1996/97, Mr Genillard

served on the Boards of the new Credit Suisse Group, Credit Suisse

First Boston and Credit Suisse. In 1997 he was appointed Vice-Chairman

of all three entities. From 1961, Mr Genillard was also actively engaged

in the remarkable effort of transforming Clariden Bank into a highly

successful member of the Group’s Independent Private Banks, particularly

during his tenure as Chairman from 1984 to 1999. We thank Mr Genillard

for having devoted the full range of his talent and vast experience to

the service of our Group.

Mr Bremi was elected to the Board of the former Credit Suisse

(now Credit Suisse First Boston) in 1985. He joined the Board of the

former CS Holding in 1989 and served on the Board of Credit Suisse

since 1997. Mr Bremi has given us highly sound advice over the years

and the Board would like to thank him for the great wealth of experience

brought to the Group.

As CEO and later Chairman of the former Electrowatt Ltd, and

as a former member of the CS Holding Executive Board, Mr Gugler was

closely linked to the Group for many years. He was elected a member

of the Board in 1994. We would like to extend our thanks to Mr Gugler

for his valuable contribution to Credit Suisse Group.

Finally, we would also like to thank Mr Tschopp, who was elected

member of the Board in 1993, for his stimulus and his great commit-

ment to our Group. Mr Tschopp also served on the Board of the former

Credit Suisse from 1993 until 1997, when he concentrated on his

mandate at Credit Suisse Group as part of the 1996/97 refocusing of

our organisation.

On 8 March 1999 the Board of Directors of Credit Suisse Group

decided to create an International Advisory Board and a Swiss Advisory

Board. The Advisory Boards are consultative bodies which will advise

the Board of Directors and management on issues which have a

significant impact on the environment within which the Group operates.

The insight gained should enable the Board of Directors and management

to implement strategic change at an early stage.

Board of Directors

Rainer E. Gut, Chairman 1, 2

Peter Spälti, First Vice-Chairman 1, 2

Robert L. Genillard, Vice-Chairman 1, 2, 3

Thomas W. Bechtler 1

Peter Brabeck-Letmathe 1, 2

Ulrich Bremi 1, 2, 3

Philippe Bruggisser 4

Marc-Henri Chaudet 1

Gerald Clark Arthur Dunkel Adolf Gugler 3

John M. Hennessy Walter B. Kielholz 1, 4

Heini Lippuner 1

Lionel I. Pincus 4

Thomas Schmidheiny Vreni Spoerry Aziz D. Syriani Theodor M. Tschopp 3

Daniel L. Vasella

1 member of the Chairman’sCommittee

2 member of the CompensationCommittee

3 retires at the Annual General Meetingon 28 May 1999

4 subject to election at the AnnualGeneral Meeting on 28 May 1999

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03_CSGB_E_Financial Report 30.4.1999 21:18 Uhr Seite 115

Change in the Executive Board

Richard E. Thornburgh, Chief Financial Officer

of Credit Suisse Group has been appointed

Vice-Chairman of the Executive Board of

Credit Suisse First Boston effective 1 April

1999. He will continue to serve on the Executive

Board of Credit Suisse Group. In his new

function, Mr Thornburgh assumes responsibility

for risk management, all support areas, the

private equity business and the development of

electronic distribution channels. He reports

directly to Allen D. Wheat, Chief Executive

Officer of Credit Suisse First Boston.

Philip K. Ryan, Chief Financial Officer of Credit

Suisse Asset Management, has been appointed

Mr Thornburgh’s successor as Chief Financial

Officer of Credit Suisse Group. With his transfer,

effective 1 April 1999, Mr Ryan also becomes

a Member of the Executive Board of Credit

Suisse Group.

In addition to his function as Chief Executive

Officer of Winterthur, Thomas Wellauer will

head the new Personal Financial Services

Europe unit. This unit, which combines all

retail-oriented activities of Credit Suisse

Private Banking and Credit Suisse Asset

Management in Europe (outside Switzerland),

will work closely with Winterthur’s European

operations.

Senior Executives Corporate CentreAhmad Abu El-Ata, TechnologyKurt Arnold, TaxPeter Bachmann, AccountingPeter Derendinger, General CounselRolf Dörig, Chief of Staff

Alfred Gremli, AdvisoryTobias Guldimann, Risk ManagementUrs Hänni, AuditPhilip Hess, Corporate SecretaryJean-Pierre Huwyler, SecurityEugen Schmid, Human Resources

Lukas MühlemannBorn 1950. ChiefExecutive Officer of Credit Suisse Group.

Richard E. ThornburghBorn 1952. Vice-Chairmanof the Executive Board ofCredit Suisse First Boston.

Paul MeierBorn 1945. ChiefExecutive Officer of Credit Suisse.

Oswald J. GrübelBorn 1943. ChiefExecutive Officer of CreditSuisse Private Banking.

Hans-Ulrich Doerig Born 1940. Vice-Chairmanof the Executive Board andChief Risk Officer of CreditSuisse Group.

Allen D. WheatBorn 1948. ChiefExecutive Officer of CreditSuisse First Boston.

Phillip M. Colebatch

Born 1944. ChiefExecutive Officer ofCredit Suisse AssetManagement.

Thomas Wellauer

Born 1955. ChiefExecutive Officer ofWinterthur Group andHead of Personal FinancialServices Europe.

Philip K. Ryan

Born 1956. Chief FinancialOfficer of Credit SuisseGroup.

EXECUTIVE BOARD OF CREDIT SUISSE GROUP

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BOARDS OF DIRECTORS OF CREDIT SUISSE, CREDIT SUISSE FIRST BOSTON AND WINTERTHUR

BOARD OF DIRECTORS OF CREDIT SUISSERainer E. Gut, Chairman 2

Peter Spälti 2




Walter B. Kielholz 1, 3

Heini Lippuner 1

Lukas Mühlemann 2

1 member of the Audit Committee2 member of the Compensation Committee3 from 25 February 1999

As at 25 February 1999

INDEPENDENT AUDITORSKPMG Klynveld Peat Marwick Goerdeler SA, Zurich

BOARD OF DIRECTORS OF CREDIT SUISSE FIRST BOSTONRainer E. Gut, Chairman 2

Peter Spälti 2




Walter B. Kielholz 1, 3

Heini Lippuner 1

Lukas Mühlemann 2

1 member of the Audit Committee2 member of the Compensation Committee3 from 26 February 1999

As at 26 February 1999

INDEPENDENT AUDITORSKPMG Klynveld Peat Marwick Goerdeler SA, Zurich

BOARD OF DIRECTORS OFWINTERTHUR INSURANCE ANDWINTERTHUR LIFE Peter Spälti, Chairman 1

Heini Lippuner, Vice Chairman 1

Pierre Borgeaud 1


Lukas Mühlemann 1

Urs BühlerMichael HiltiKlaus JacobiAlexandre F. JetzerHedi Lang

HONORARY CHAIRMANHans Braunschweiler

1 Board Committee

INDEPENDENT AUDITORSPricewaterhouseCoopers AG, Zurich

Due to the squeeze-out of the minority shareholders in Credit Suisse, Credit Suisse First Boston and Winterthur, Credit Suisse Group owns 100% of

capital and voting rights of these companies. In order to streamline structures and concentrate resources, the size of the Boards of the banks were

reduced to include the Board members serving on the Chairman’s Committee of Credit Suisse Group and its Chief Executive Officer.

At the Annual General Meetings on 25 and 26 February 1999

respectively, Richard Andermatt, Jean-Daniel Cornaz, Gianfranco Cotti

and Hugo von der Crone stepped down from the Board of Directors

of Credit Suisse and Klaus Jacobi from the Board of Directors of

Credit Suisse First Boston.

As Managing Director and Chief Operating Officer, Mr

Andermatt played a valuable role in the establishment and expansion of

Credit Suisse Financial Products in London. In 1994 he joined the

Board of the former Swiss Volksbank as Vice-Chairman and was also

a member of the Chairman’s Committee until 1997 as well as

Chairman of the Audit Committee.

Mr Cornaz served on the Board of the former Credit Suisse

from 1987, where he was also a member of the Audit Committee. In

1989 he was elected to the Board of the former CS Holding.

Following the refocusing of Credit Suisse Group in 1996/1997 he

took a seat on the Board of Credit Suisse.

Elected to the Board of Directors of the former Swiss Volksbank

in 1985, Mr Cotti served as Chairman of this body from 1993 until

1997. In 1993 he was appointed to the Board of the former

CS Holding, where he served until 1997.

Mr von der Crone was appointed member of the Executive

Board of the former Credit Suisse in 1979. From 1989 until 1994 he

was a member of the Executive Board of the former CS Holding,

serving as full-time Vice-Chairman from 1990 until 1994. In 1993 he

was elected Vice-Chairman of the Board of Directors of the former

Swiss Volksbank. From 1997 he was a member of the Board and the

Audit Committee of Credit Suisse.

Former Secretary of State Klaus Jacobi brought his rich experi-

ence in the public domain to bear as a member of the Board and the

Audit Committee of Credit Suisse First Boston (formerly Credit Suisse)

from 1992.

We would like to thank these gentlemen for their untiring

commitment and valuable contribution to the success and prosperity

of Credit Suisse Group.

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CREDIT SUISSE EXECUTIVE BOARD

Paul Meier, Chief Executive Officer

Alfred M. BanzBruno BohlhalterBruno BonatiBeat M. FennerWalter FluckDominique FolletêteGerhard GastparFranz-Josef GrothHans Ueli KellerUlrich KörnerRolf KränzlinHanspeter KurzmeyerPeter LienhartMartin Wetter

CREDIT SUISSE PRIVATE BANKINGEXECUTIVE BOARD

Oswald J. Grübel, Chief Executive Officer

Christoph AmmannThomas AmstutzReto DonatschAldo B. LeoniHeinz RothJörg H. SchwarzenbachOlivier SteimerAlex W. WidmerSergio Zoppi

CREDIT SUISSE FIRST BOSTONEXECUTIVE BOARD

Allen D. Wheat, Chief Executive Officer

Richard E. ThornburghVice-Chairman

Brady W. DouganChristopher A. Goekjian Stephen A.M. Hester Marc H. HotimskyDavid C. MulfordJohn NelsonStephen E. StonefieldCharles G. Ward III

EXECUTIVE BOARDS OF THE BUSINESS UNITS

CREDIT SUISSE ASSET MANAGEMENT EXECUTIVE BOARD

Phillip M. Colebatch, Chief Executive Officer

Toshio Fukuda Robert Kosrovani Andrew McKinnon Robert J. Moore Robert Parker William W. Priest, Jr. Dilip Rasgotra Steen Steincke William Sterling Timothy T. Taussig Heinrich WegmannEdgar Weissenberger

WINTERTHUR GROUPEXECUTIVE BOARD

Thomas Wellauer, Chief Executive Officer

Herman AaftinkManfred BroskaGerhard ChristenMarkus DennlerHansjörg FreiErwin W. HeriHans-Rudolf StricklerWilli Suter

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LOCATIONS ON WORLD MAP

CREDIT SUISSEGROUPHeadquarters in Zurich

CREDIT SUISSE241 locations in Switzerland

CREDIT SUISSEPRIVATE BANKING50 locations in SwitzerlandAbu DhabiAthensBarcelonaBerlinBogotaBuenos AiresCairoCaracasDubaiFrankfurtGibraltarGuernseyHamburgHong KongHoustonIstanbulKuala LumpurLondonLuxembourgMadridMexico CityMiamiMilanMonacoMontevideoMunichNassauNew YorkParisRio de JaneiroSantiago de ChileSingaporeTaipeiTokyoVienna

CREDIT SUISSEFIRST BOSTONSwitzerland (Geneva, Zug, Zurich)AmsterdamAtlantaAucklandBangkokBeijing

BostonBrusselsBudapestBuenos AiresCairoChicagoFrankfurtGuernseyHelsinkiHong KongHoustonIstanbulJakartaJohannesburgKievKuala LumpurLabuanLimassolLondonLos AngelesLuxembourgMadridManilaMelbourneMexico CityMilanMontrealMoscowMumbai (formerly Bombay)NassauNew YorkOsakaPalo AltoParisPasadenaPhiladelphiaPortlandPragueSan FranciscoSantiago de ChileSão PauloSeoulShanghaiSingaporeSydneyTaipeiTashkentTehranTokyoTorontoViennaWarsawWellington

CREDIT SUISSEASSET MANAGEMENT7 locations inSwitzerlandAmsterdamBudapestChicagoFrankfurtGuernseyHong KongLondonLos AngelesLuxembourgMadridMilanMoscowNassauNew YorkOsakaParisPragueSão PaoloSeoulSydneyTokyoViennaWarsaw

WINTERTHUR684 locations in Switzerland– 14 regional

managements– 150 general agencies– 520 agenciesAmsterdamBarcelonaBasingstokeBeijingBellevueBonnBostonBrnoBromleyBruneiBrusselsBudapestBuenos AiresCayman Islands

ChicagoCopenhagenDallasDublinGuangzhouHamburgHamilton, BermuHong KongJakartaJohannesburgLisbonLondonLuxembourgLyonMadridMexico CityMilanMontgomeryMunichNew YorkNingboParisPragueSão PaoloShanghaiSimsburySingaporeStockholmSun PrairieSydneyTaipeiTianjinTokyoTorontoViennaWarsawWiesbaden

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da

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RATINGS

Agencies Credit Suisse Group Credit Suisse Credit Suisse First Boston Winterthur

Long term Short term Long term Short term Long term Short term

Moody’s, New York A1 – Aa3 P1 A1 P1 Aa2

Standard & Poor’s, New York AA – A1+ AA A1+ AA A1+ AA –

Fitch IBCA, London AA – F1+ AA – F1+ AA F1+

BankWatch, New York AA TBW1 AA+ TBW1 AA TBW1

Credit Suisse Financial Products carries the same ratings as Credit Suisse First Boston.

INFORMATION FOR INVESTORS

Credit Suisse Group shares (CHF 20 par value)

Ticker symbols

Stock exchange listings Bloomberg Reuters TelekursSwiss Exchange (SWX) CSGN SW CSGZn.S CSGN,001 Frankfurt CSHN GR CSGZn.F 876800,13 Tokyo – CSGZn.T N1492,106

Also traded in

New York (ADR)* CSGKY US CSGKY.OB CSGKY,130London (SEAQ) CSG LI CSHZnq.LT C2,182Paris (OTC) CSHR FP CSHZ.PA 916190,25

*4 ADR = 1 registered share

Swiss security number 146248ISIN number CH0001462487CUSIP number 225 401 108

Enquiries

CREDIT SUISSE GROUP

Investor Relations

Gerhard Beindorff/Andreas Peterlik

Tel: + 41 1 333 45 70/ 31 69

Fax: + 41 1 333 25 87

Mailing address: P.O. Box 1, CH-8070 Zurich, Switzerland

Internet: http://www.csg.ch

Annual reports may be ordered from

CREDIT SUISSE

Dept CIDM 23

P.O. Box 100

CH-8070 Zurich

Switzerland

Fax: + 41 1 332 72 94

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PhotographyCharlie Westerman, ChicagoIris C. Ritter, ZurichRainer Wolfsberger, Zurich

ProductionNeidhart + Schön AG, Zurich

This paper is made from TCF (totally chlorine-free) pulp

credit swisse Annual Report Part 4 Board of directors and advisory board of Credit

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