Swiss private banking giant Credit Suisse has named Pedro Jorge Villarreal as new CEO of Mexico, replacing Hector Grisi.

Villarreal, a 15-year veteran of Credit Suisse, will continue to hold his current role as the co-head of the investment banking department for Latin America, excluding Brazil, the bank said in its press release.

Villarreal previously headed the investment banking department in Mexico for five years and helped build a Latin America franchise that holds a consistent top ranking in the league tables.

Credit Suisse said that its Mexico franchise has grown significantly into a fully integrated investment bank, private bank and asset management business since the past half-century.

Credit Suisse Americas region CEO Robert Shafir said: "I am thrilled that Pedro Jorge Villarreal, an established and recognized leader in our Latin America franchise, will be taking on this leadership role as country CEO for Mexico.

"Mexico’s growing economy brings with it a need for increased financial intermediation, wealth creation and deeper capital markets – and Credit Suisse is uniquely positioned to meet these needs."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.