Credit Suisse expands its footprint in Southeast Asia with the hire of a banker who will drive business momentum by growing and strengthening the firm’s relationship with clients and stakeholders.
Veteran banker Eric Kang will rejoin Credit Suisse as Vice Chairman Private Banking Southeast Asia, effective January 19, 2019, according to an internal memo seen by finews.asia. He will be based in Singapore, reporting to Benjamin Cavalli, Head of Private Banking South Asia and CEO Singapore.
In this role, Kang will drive business momentum by growing and strengthening the bank’s relationship with key clients and stakeholders in Southeast Asia, bringing to clients the full spectrum of Credit Suisse’s products and services. He will also be involved in strengthening Credit Suisse’s human capital through the development of new talent, the Swiss bank added.
Four Decades of Experience
With almost four decades of extensive experience in both private banking and investment banking, Kang is well positioned to leverage Credit Suisse’s integrated banking model to bring to clients the bank’s Wealth Management and Connected capabilities.
He was most recently part of the Global Family Office set-up at UBS Wealth Management where he worked for close to five years. Before that, he covered Southeast Asia clients at Morgan Stanley Private Wealth Management.
Deeper Footprint in Southeast Asia
He has also held several senior positions in fixed income sales and trading at various international banks in Singapore, London and Tokyo, including at Credit Suisse First Boston (CSFB) for seven years managing a fixed income and forex sales and trading team.
This appointment demonstrates Credit Suisse’s continued commitment to deepen and expand its footprint in Southeast Asia, the bank wrote in its memo.
