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March 10, 2015 10:17 am

New Credit Suisse boss has plenty of challenges in his in-tray

Martin Arnold

The image is a blank white space with a small icon of a landscape in the top left corner and "©Bloomberg" in the bottom right corner. This indicates it is likely a placeholder or a blank image asset. The surrounding text mentions Tidjane Thiam, Credit Suisse, and Prudential, suggesting a financial news context.

Tidjane Thiam described Credit Suisse as "an exceptional business" with "a solid strategy and strong momentum" when the Prudential chief executive was unveiled as the Swiss bank's new boss on Tuesday morning.

But once the 52-year-old takes over from Brady Dougan at Credit Suisse in June, he will face a string of challenges to reverse the relative underperformance of the bank in recent

years. A 7 per cent jump in the lender's shares on Tuesday shows that investors are optimistic he is up to the job. Here are the main issues awaiting Mr Thiam.