Calello named chairman of Credit Suisse investment bank

Eric Varvel, currently CEO of EMEA, will succeed Calello as CEO of the investment bank.

Calello named chairman of Credit Suisse investment bank

Paul Calello has taken yet another step up in the Credit Suisse hierarchy with his appointment yesterday as chairman of the investment bank. He will be replaced as CEO of the investment bank by Eric Varvel, who is currently CEO of Europe, Middle East and Africa EMEA and has been acting CEO of the investment bank since September 2009 when Calello started to undergo medical treatment.

Varvel's taking over of the CEO position on a permanent basis will allow Calello...

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