Credit Suisse’s chairman of private banking for the Asia-Pacific region, Marcel Kreis, will resign on 1 July 2013 in a planned succession that leaves Francesco de Ferrari in charge of the wealth management market, reported Bloomberg.
De Ferrari has been managing the operation for Switzerland’s wealth manager since he was appointed head of private banking for Asia at the start of 2012, reported Marc Dosch, a spokesman for Zurich-based Credit Suisse.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
De Ferrari joined Credit Suisse in 2002 and was previously head of private banking for Italy and CEO for private banking in Europe, the Middle East and Africa.
Kreis has joined the firm in 2007 from UBS AG, after a career that also spanned units of Citigroup Inc and the Merrill Lynch international wealth arm purchased in 2012 by Julius Baer Group, Bloomberg reported.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
