The head of compliance for the Swiss business, Floriana Scarlato, decided to leave the institute with immediate effect, Credit Suisse announced on Monday.

The succession has not yet been settled.

In addition, according to an internal announcement, the group is changing the Chief Operating Officer of the Asset Management division: Mike D'Angelo is succeeded by Markus Rütimann.

Credit Suisse is in a state of upheaval.

The emergency liquidation of funds operated together with the now insolvent Greensill with a volume of around ten billion dollars and the five billion francs collapse of the customer Archegos Capital have already cost a number of managers their jobs.

According to spokesmen for the bank, the new changes have no connection to the scandals.

Scarlato headed the compliance department at Swiss Universal Bank for only a few months.

After joining the bank in 2005, she held leadership roles in the bank's division, which included the Greensill funds.

On March 1, she became Chief Compliance Officer for Swiss business.

Scarlato decided to "take on a new challenge outside of the bank."

D'Angelo is also giving up his post with immediate effect, as stated in a message from asset management boss Ulrich Körner to his employees at the Reuters news agency. However, he remains in a different role in the bank's asset management. Like Körner, his successor Rütimann had worked in asset management at UBS in the past. In addition, Rütimann was, among other things, Chief Operating Officer of the British Schroders, where he had more than 1200 employees at 14 locations. At Credit Suisse, in addition to day-to-day operations, he will also be responsible for reorganizations, technology and digital solutions.

Körner took over as head of asset management in the spring when the area became an independent division in the wake of the Greensill affair. Since then, there has been repeated speculation as to whether the deal could be sold off. Credit Suisse CEO Thomas Gottstein denied corresponding media reports in April. In the meantime, however, Antonio Horta-Osorio has taken over the reins as the new Chairman of the Board of Directors. Towards the end of the year he wants to present a new strategy for the second largest bank in the country. According to insiders, the bank is examining, among other things, a sale of asset management or further cuts in investment banking.