Strategy & Practice Management

Credit Suisse bulks up China team with two senior appointments

Credit Suisse has announced two senior appointments to its China team to strengthen its franchise in this market.

Mervyn Chow, co-head of investment banking and capital Markets (IBCM), Asia Pacific, will take on the role of China chief executive officer (CEO), in addition to his IBCM responsibilities.

A core part of his remit as China CEO will be to deepen relationships and broaden Credit Suisse’s footprint with the most important entrepreneurs and corporate clients in the market, as well as leverage the bank’s integrated platform to further enhance revenue growth. 

In another related development, Neil Harvey has been appointed chairman of Greater China, maintaining his role as CEO of Hong Kong, with oversight of Taiwan, as well as his role as chairman of asset management for Asia Pacific.
 
Harvey will continue to be responsible for the China onshore business platform which includes managing the bank’s relationships with joint venture partners and regulators in Greater China.

In recent months, Credit Suisse also expanded its China onshore coverage capability with two senior hires: Rick Meng joined the bank as managing director and head of private banking, China onshore, to establish Credit Suisse’s onshore wealth management capabilities in China; and Honggui Li joined as a managing director and head of China IBCM to strengthen its client coverage and onshore investment banking capabilities in the country.