Credit Suisse remains in expansion mode in Asia with the hire of multiple private bankers for various South and Southeast Asia client markets this year, finews.asia has learned.

New additions aside, Credit Suisse has also promoted Dominique Boer to Singapore market group head, according to an internal memo seen by finews.asia, reporting to Jin Yee Young, market group head Singapore, Malaysia and South Asia Switzerland markets. 

Boer is a 30-year banking veteran – including 17 years in wealth management – who joined Credit Suisse in 2015 as a market leader for Singapore before expanding her role to deputy group head of the market in 2016. Previously, she also worked with Standard Chartered covering Southeast Asia and Greater China markets.

A spokesperson for the bank confirmed the promotion and hires. 

South Asia Expansion

According to the memo, Credit Suisse’s South Asia private banking business will continue to hire selectively with a focus on senior bankers covering the India, Singapore and Thailand markets. 

The hires, which include roles based in worldwide offices beyond Asia’s twin hubs, are as follows:  

Arleen Sy has been hired as a Hong Kong-based senior relationship manager covering the Philippines market after 14 years with HSBC Private Banking covering ultra-high net worth clients from the country. 

Klara Chan joins the private banking South Asia Switzerland team as a Swiss-based senior expert relationship manager. She was most recently a Singapore-based senior private banker at J.P. Morgan.

A former 7-year private banking team leader from Kasikornbank, Voragun Thunyasthukul joins as a Thailand-based senior relationship manager.

Also based in Thailand is Patchai Suratwisit who was hired as a relationship manager. Suratwisit has nearly 20 years of experience at Thai financial institutions including 10 years with Kasikornbank as a relationship manager.

Vaidyanathan Narayanan has been hired as a Singapore-based relationship manager to cover the India market. He has nearly 20 years of industry experience, most recently with Julius Baer as a relationship manager. 

Rohit Narayanan also joins the India market as a Singapore-based relationship manager. He has over 20 years of industry experience and was most recently working at Bank of Singapore.

Credit Suisse has also bolstered its investment capabilities with the hire of Denise Low as a Singapore-based investment consultant. She rejoins the bank after previously having worked there for 10 years and was most recently with SCB Julius Baer where she was building its investment advisory business in Bangkok.