Credit Suisse has internally announced the new leaders of its Asia Pacific business, finews.asia has learned, following recent changes to the group’s executive board.
Credit Suisse has announced the new regional and divisional leaders within its APAC business, according to an internal memo see by finews.asia, which will come into effect on January 1 next year.
Led by Helman Sitohang at the helm, the leaders by region include: CEO Greater China Carsten Stoehr; CEO Southeast Asia Edwin Low; CEO Australia Richard Gibb; CEO India Mickey Doshi; CEO Korea ChunKee Lee; CEO Japan Makoto Kuwahara; and COO APAC and CEO Singapore Chien Chien Wong.
And by division, the leaders are: head of wealth management APAC Benjamin Cavalli; deputy head of wealth management APAC Jinyee Young; co-head of investment bank APAC and co-head of investment banking & capital markets APAC Zeth Hung; co-head of investment bank APAC and co-head of investment banking & capital markets APAC Edwin Low; co-head of investment bank APAC and co-head of global trading solutions Ken Pang; and ad interim head of Asset Management APAC Min Huang.
A spokesperson for the bank confirmed the contents of the memo.
APAC Contributions
As previously announced, Credit Suisse is committed to further investments in Asia where it expects to be a key driver of business growth.
The region accounts for 19 percent of group revenue with client business volumes – a metric defined as a combination of assets under management, custody assets and net loans – reaching $380 billion as of the third quarter of this year.
