Agnew departs Credit Suisse

The head of financial sponsor coverage for Asia resigns and will not be replaced; Credit Suisse appoints two directors to run the business, reporting to Joe Gallagher.

Credit Suisse has become the latest firm to report a casualty in its financial sponsor coverage group in Asia with the resignation of Ronan Agnew.

Agnew had been head of financial sponsor coverage for Asia since May 2008. He reported to Paul Raphael, head of investment banking in Asia Pacific ex-Japan, and Harold Bogle, global head of financial sponsors coverage. Having moved to Hong Kong from London, where he had been co-head of the European financial sponsors group since 2005, to take up his Asia-focused job last year, he is now moving back to London for personal reasons, say sources close to the development.

Agnew is a career private equity banker. He joined...

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