Credit Suisse reshuffles Asia private banking leadership

Credit Suisse appoints Marcel Kreis as the chairman of its private bank in Asia-Pacific and Francesco de Ferrari becomes head of private banking for the region.

Credit Suisse said yesterday that Marcel Kreis will assume a newly created position as chairman of private banking in Asia-Pacific, effective January 1, 2012.

Francesco de Ferrari, who will relocate to the region on August 1, will succeed Kreis as head of private banking Asia-Pacific as of January. He will report to Walter Berchtold, CEO of private banking, and Osama Abbasi, CEO Asia-Pacific.

In the meantime, de Ferrari, who will be based...

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