Mr Carton will head a team of investment partners located in Bahrain, Dubai, Geneva, London and Zurich. He will be responsible for further establishing Credit Suisse as the leading provider of financial services to the wealthiest individuals, families and family offices in the Middle East and will be based in Geneva.

Mr Carton joins Credit Suisse from one of Geneva’s multi-family offices where he spent eighteen months as vice-chairman and member of executive committee. Prior to that, he spent 12 years with HSBC Private Bank, where he was group head of MENA. He also sat on the executive committee of the Swiss Private Bank and was board member of HSBC bank Middle East (HBME). Before joining HSBC, he held various senior positions at JP Morgan.

Bruno Daher, co-CEO of the Middle East and head of private banking in the region at Credit Suisse, said: “Mr Carton’s appointment to this new position again demonstrates Credit Suisse’s commitment to deliver the highest quality services to its clients in the region. He will fully utilize the capabilities of the integrated bank in order to meet the challenges of increasingly complex and sophisticated UHNWI client needs in the Middle East.”

Blake Shorthouse, head of UHNWI for the Europe Middle East and Africa region at Credit Suisse, said: "We are very pleased that Mr Carton chose to join Credit Suisse. We believe that our ability to deliver investment banking and asset management in a private banking relationship context positions us uniquely to serve our ultra high net worth clients and to attract the best talent in the industry.”

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