Credit Suisse hires a former J.P. Morgan executive as its new head of Philippine coverage for investment banking and capital markets, anonymous sources told finews.asia.

Mark Uy joins the Swiss bank in his new Manila-based role reporting to Rehan Anwer and Pankaj Goel, co-heads of Southeast Asia & frontier markets, investment banking and capital markets (IBCM).

According to an internal note, Uy will be responsible for driving ICBM growth in the Philippines through «broadening relationships with entrepreneurs and corporate clients in the market» as well as delivering Credit Suisse’s overall proposition. 

Uy has over 12 years of experience having joined most recently from J.P. Morgan where he was an executive director in various senior investment banking roles in the U.S. Philippines and Singapore.