Amine and O’Hara, who will replace Eric Varvel, will run the investment bank alongside current co-chief Gael de Boissard under CEO Brady Dougan.
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The pair will also join the executive board of the bank. Amine will continue to lead the investment-banking department, which includes advisory and underwriting services, and O’Hara will continue to head the equities business.
Varvel will step down from the executive board and take over the role of chairman for the Asia-Pacific and the Middle East regions. In his new role, Varvel will continue to report to CEO Dougan.
Moreover, Helman Sitohang, who currently head of Credit Suisse’s investment bank in Asia, will become CEO of the Asia-Pacific division. He will continue to head the investment bank in the region.
Urs Rohner, chairman of Credit Suisse, said: "I believe that the combination of Jim, Tim and Gaël will provide the right partnership to drive the business forward. In our investment banking Division, Eric Varvel and Gael de Boissard have been instrumental in adapting our business to the new market and regulatory environment."
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By GlobalData
