Carsten Stoehr returns to Credit Suisse

Stoehr’s title will be head of financing Asia Pacific and he will report directly to regional CEO Helman Sitohang

Carsten Stoehr has returned to Credit Suisse to help provide a gamut of financial services to Asia’s bulging cohort of billionaires.

Stoehr will report directly to Helman Sitohang, Credit Suisse's regional chief executive officer, and be based in Hong Kong in his new role as head of financing Asia Pacific, a spokeswoman for the bank said, confirming the contents of an internal memo seen by FinanceAsia.

Credit Suisse is in the midst of root-and-branch reform to refocus the business on higher margin high net worth individuals and entrepreneurs. It is banking on this approach to help double its profits in...

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