Switzerland's Credit Suisse has named several new executives for the Philippines, including a veteran Swiss private banker.
Credit Suisse (CS) named Michael De Guzman as the Country Manager Philippines. This role will be in addition to De Guzman’s existing role as head of Philippines for investment banking and capital markets, the Zurich based bank said in a statement.
Before joining CS, De Guzman was the Philippines Office Head for Macquarie Group and Head of Macquarie Capital Philippines for eight years.
He will report to Francesco de Ferrari, Credit Suisse's head of private banking in Asia.
Private Banking Move
CS has also appointed Christian Senn as market head for private banking in the Philippines. Senn will be based in Singapore and report to Benjamin Cavalli, head of private banking in Southeast Asia.
Senn (pictured) is a 30-year veteran of Credit Suisse's private bank and has held roles in Switzerland, the U.S., Latin America and Asia.
Thai Domestic Offering Established
Previously, he was market head in Thailand and developed Credit Suisse's private banking business in the Thai market, including the domestic launch last year.
«With his deep experience and understanding of the Philippines market, Michael is well established to further drive collaboration across the bank in delivering our integrated platform to our clients in the Philippines,» said de Ferrari.
