Credit Suisse appointed Francesco de Ferrari as market area head to oversee private banking in Singapore, Malaysia and Indonesia.
This was reported by Reuters.com.
He will take up the newly created role in August to develop the Swiss bank's wealth management business in the three high growth markets and will report to Marcel Kreis, head of private banking for Asia Pacific.
De Ferrari, who is currently managing director and CEO of Credit Suisse private banking Italy, will be based in Singapore.
Credit Suisse has 360 relationship managers and manages US$85 billion worth of client assets in Asia Pacific.
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