credit-suisse-poaches-jesudason-from-jpmorgan

Credit Suisse poaches Jesudason from JPMorgan

The new hire will fill the top position within the bankÆs financial institutions group for non-Japan Asia.
Credit Suisse has appointed Robert Jesudason as managing director and head of its financial institutions group for Asia ex-Japan. Previously, Jesudason was a managing director focusing on private equity investments in financial institutions at JPMorganÆs special situations group in Asia.

Jesudason replaces Carlos Oyarbide, who returned to Morgan Stanley in May to head its China operations as managing director and chief operating officer. Oyarbide worked with the US bank for 10 years before he joined Credit Suisse in 2003.

Jesudason will assume his responsibilities in November and be based in Hong Kong. He will report to Vikram Gandhi, head of the financial institutions group based in New York, and Paul Raphael, head of the investment banking department for Asia-Pacific ex-Japan.

ôRob has extensive experience in leading strategic transactions in the financial institutions sector. His appointment will solidify our industry-leading financial institutions group platform, which has significant expertise across areas such as balance sheet strategy, mergers and acquisitions, divestitures, equity underwriting and debt financing,ö says Raphael in a written statement.

Prior to his stint at Credit Suisse, Jesudason worked with Barclays as global head of corporate development in London. During his Barclays tenure Jesudason's team completed deals aggregating $11.5 billion, including BarclaysÆ $4.5 billion acquisition of Absa in South Africa. During the earlier part of his career he also worked for McKinsey in London and Amsterdam, and with GE Capital in M&A in London, Paris and Tokyo.
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