Credit Suisse has reappointed two former executives within Asia Pacific Investment Banking & Capital Markets (IBCM) team, according to a memo seen by FinanceAsia and confirmed by a Credit Suisse spokesperson.
Robert Huray rejoins the bank in the role of vice chairman of Southeast Asia, and Nick Thursby as head of Financial Institutions Group (FIG) coverage for Southeast Asia. Both are based in Singapore and their appointments are effective from January 2022.
As vice chairman of Southeast Asia IBCM, Huray reports to Rehan Anwer and Kuan-Ern Tan, co-heads of IBCM for Southeast Asia. In addition to this role, Huray will lead Global Industrials Group (GIG) coverage for Southeast Asia IBCM, reporting to Asia Pacific (APAC) head of GIG, Sanjeev Chaurasia.
FA understands that his appointment is not a direct replacement.
Huray was most recently managing director for ASEAN at investment holding company Kuok Singapore and prior to this, CEO of RHB Investment Bank and RHB Securities Singapore. He was an executive at Credit Suisse IBCM in Singapore between 2000 and 2004.
Thursby, in turn, reports to Michael Tan, head of FIG for APAC. He was most recently a director of Asia FIG at HSBC. He previously spent 8 years at Credit Suisse in Hong Kong, starting as an intern within the FIG division.
A person familiar with the appointment confirmed that Thursby replaces Sharhan Muhseen, who left Credit Suisse in December 2020.
The new hires demonstrate the bank’s continued investment in this region to further strengthen its franchise in Southeast Asia, the memo read.
