While Antonio Quintella has been appointed as the chairman of Credit Suisse Hedging-Griffo, Robert Shafir has been appointed as the CEO of Credit Suisse Americas.

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Additionally, Shafir also is holding the position of CEO at Credit Suisse Asset Management.

Currently, Antonio Quintella is the CEO of Credit Suisse Americas and a member of the executive board of Credit Suisse.

After having acquired a majority stake in Hedging-Griffo in 2007, Credit Suisse has become the leading asset and wealth manager in Brazil and it is the key market of Credit Suisse’s leading Emerging Markets business.

Quintella, in his new role will report to Hans-Ulrich Meister, CEO of Credit Suisse Private Banking, and to Robert Shafir, CEO of Credit Suisse Asset Management.

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He will step down from the executive board of Credit Suisse, effective 31 May 2012 and will be relocated to Sao Paulo.

Meanwhile, Shafir who will assume this role in addition to his current role as CEO of Credit Suisse Asset Management has been the CEO of Credit Suisse Americas from 2007 to 2010, the last two years of which he was both CEO of Credit Suisse Asset Management and CEO of Credit Suisse Americas.

He will retain the membership of the executive board of Credit Suisse, based in New York.

Robert Shafir joined Credit Suisse in August 2007 from Lehman Brothers where he was head of equities and a member of the executive committee and prior to that, he worked at Morgan Stanley in the preferred stock business within the fixed income division.

On the other hand, Quintella joined Credit Suisse in 1997 from ING Barings as a senior relationship banker in the Investment Banking division and was named CEO of Credit Suisse’s Brazil operations in 2003.