Credit Suisse has appointed a permanent head of asset management for Asia Pacific, finews.asia has learned.
Min Huang has been named head of asset management for APAC, according to an internal memo seen by finews.asia, in addition to her existing role as head of asset management for China.
Huang has been appointed to the role permanently after serving on an ad interim basis for seven months.
She will continue to report to Credit Suisse Asset Management chief executive Ulrich Körner and be a member of both the asset management and APAC management committees.
20-Year Vet
Huang has 20 years of experience and joined Credit Suisse in 2006, holding various leadership roles across investment banking and asset management in New York and Hong Kong.
She was head of asset management for China since 2014 and oversaw the unit's onshore joint venture – ICBC Credit Suisse Asset Management Co – which now has more than 1.7 trillion yuan ($255 billion) in assets under management as of end-2021.
«Asia Pacific is a key growth region for Credit Suisse. I am convinced that [Huang's] significant industry experience and proven leadership, together with her in-depth knowledge of the region, make her ideally suited to drive our efforts to grow our asset management business in APAC,» said Körner.
A spokesperson for the bank confirmed the contents of the memo.
