By Brenna Hughes Neghaiwi

ZURICH (Reuters) -Credit Suisse has appointed company veterans Nitesh Patel and Roger Senteler as interim co-heads of group internal audit, Switzerland’s second-biggest bank told employees as it tries to recover from grave risk-management lapses.

“Following the recent appointment of Rafael Lopez Lorenzo as the Chief Compliance Officer, I have asked Nitesh Patel and Roger Senteler to act as ad interim Co-Heads of Group Internal Audit from October 1, 2021,” Richard Meddings, board member and chair of Credit Suisse (SIX:)’s risk and audit committees, told employees in an internal memo seen by Reuters on Thursday.

The memo was confirmed by a spokesperson.

Credit Suisse named Lopez Lorenzo to its chief compliance position this month. This is in response to a string of scandals that have rocked the bank and as it prepares for an overhaul under President Antonio Horta Osorio.

In March, the collapse of $10 million worth of Greensill supply chain finance funds led to a turbulent period at Credit Suisse. This was in addition to a loss of multi-billion dollars related to Archegos investment fund, which prompted several executive resignations.

Meddings wrote that Roger and Nitesh both have extensive experience as chief auditors in many areas of the front and back offices. He also has Board-level experience in Credit Suisse as they reported to respective legal entity boards in Switzerland, UK, and Switzerland.

Patel, who joined Credit Suisse in 2003, is now the chief auditor for change and third-party operations, technology.

Senteler joined Credit Suisse in 2016 from EY. He is now the chief auditor for global wealth management and international wealth management. In addition, he serves as the location head of audit in Switzerland.