Swiss bank Credit Suisse Group (CS) said Monday board Robert Benmosche is stepping down as member of the board of directors.

MAIN FACTS:

- Benmosche appointed as a board member and President and CEO of American International Group Inc. (AIG).

- Effective immediately.

Company Web Site: http://www.credit-suisse.com

   -Zurich Bureau, Dow Jones Newswires; +41 43 443 8040; zurichdjnews@dowjones.com