Credit Suisse has reportedly named Jeroen Bos as global head of sustainable investing for its asset management business.
Citing an internal memo, Reuters reported that the appointment will be effective from 1 January 2022. A spokesperson for Credit Suisse confirmed the appointment to the news agency.
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Bos joins Credit Suisse from NN Investment Partners in the Netherlands. Since his joining in 2018, he has held several key roles at the bank.
He was most recently the head of specialized equity & responsible investing at the firm.
Credit Suisse was quoted as saying in the memo: “The appointment of a global head of sustainable investing for asset management underscores our commitment to the topic, and reflects the continued, growing importance of sustainability and ESG integration for our clients and for Credit Suisse.”
Last month, the Zurich-headquartered bank appointed former UBS strategy chief Dierk von Schuckmann as new CFO of its asset management unit.
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By GlobalDataThe appointment follows Credit Suisse’s attempts to re-organise asset management operations led by division CEO Ulrich Koerner.
Following the Greensill scandal, the bank separated its asset management business from its international wealth management unit. The move was to limit the effect of the scandal.
Earlier this month, Credit Suisse signed an agreement to refer its Prime Services and Derivatives Clearing customers to French rival BNP Paribas, following its decision to shutter the prime service unit.
The prime service unit, which lends money to hedge funds and processes their trades, was part of the bank’s investment banking division. It suffered a $5.5bn loss in the implosion of Archegos Capital.
