Pellicano resigns from debt syndicate at Credit Suisse

Pellicano will take some time off from banking and will be replaced on an interim basis by Alister Moss, who is currently head of rates sales in the region.

Peter Pellicano has resigned from his role as director and head of debt capital markets syndicate for Asia ex-Japan at Credit Suisse to take time out from the industry, according to sources. The plan is to replace him by an internal transfer of a senior debt markets banker in the next few months, but in the meantime, Alister Moss will run the debt syndicate.

Moss was head of the debt syndicate in the region until June 2006 when he was appointed head of fixed-income institutional sales for non-Japan Asia, so he is well familiar with the job. He is currently head of rates sales for Asia-Pacific, a role he assumed last year and which includes overseeing the debt syndicate business. Pellicano reported to Moss.

Pellicano transferred to Hong Kong with Credit Suisse in 2003 and took over as head of debt syndicate from Moss in June 2006. He has also worked with the bank in Sydney and London. He will be taking at least six months off to travel and also plans to do a lot of cycling, which is a serious hobby of his, one source said. The travelling plans supposedly include a trip to Tour de France in July, although only as a spectator.

Moss joined Credit Suisse First Boston in New Zealand in January 1995 from Fay, Richwhite & Company to head up the fixed-income business. In 1998, he was appointed director of debt syndicate Asia, a role that initially took him to Tokyo and later, in 2002, to Hong Kong.

Credit Suisse ranked ninth on G3 bond issuance in Asia ex-Japan last year after completing 10 issues worth approximately $2.6 billion. So far this year, it is eighth with two completed issues -- for Indonesian power company Cikarang Listrindo and the Indonesia sovereign -- all according to Dealogic. In 2009, the Swiss bank was awarded by FinanceAsia as the Best High Yield Bond House in Asia on the back of transactions for the likes of Adaro and Bumi Resources.

¬ Haymarket Media Limited. All rights reserved.