Credit Suisse Private Banking South Asia announce key appointments.
Credit Suisse Private Banking has announced that it has made a number of key appointments to its South Asia operations.
Benjamin Cavalli, Head of Private Banking South Asia and CEO Singapore, Credit Suisse continues to build the Credit Suisse Private Banking franchise in South Asia.
Cavalli states that “Asia Pacific is a key growth region for Credit Suisse, and we are continuing to build up our private banking franchise to capture the vast opportunities in the wealth management sector here. We remain deeply committed to nurturing and promoting senior talent to deepen our senior management bench strength, as well as in expanding our team having hired relationship managers who have joined us recently.”
Dominique Boer has been promoted to Market Group Head Singapore with immediate effect. In her new capacity, Dominique will be responsible for delivering the bank’s capabilities to our clients in the Singapore market, with a focus on developing organizational scalability and accelerating our growth. She will continue to report to Jin Yee Young, Market Group Head Singapore, Malaysia and South Asia Switzerland markets, the firm said in a press release.
Dominique brings over 30 years of banking experience, including 17 years in wealth management. She joined Credit Suisse in 2015 as Market Leader for Singapore and expanded her role to Deputy Market Group Head Singapore in 2016. Previously, she held senior positions at Standard Chartered Bank covering key Southeast Asia and Greater China markets. Dominique’s appointment is a testament to our deep bench of talent and an excellent example of growing our own talent pool, and the Bank’s commitment to developing the experiences and careers of professionals within the bank, says Credit Suisse.
Other key hires for Private Banking South Asia include Arleen Sy, who has joined the Bank’s Philippines market as a Senior Relationship Manager based in Hong Kong. She was most recently with HSBC Private Banking in Hong Kong, where she has spent the last 14 years developing and expanding a book of ultra-high net worth clients in the Philippines.
Klara Chan has also joined the Bank’s Private Banking South Asia Switzerland team as a Senior Expert Relationship Manager based in Switzerland. In her most recent role, she was a senior private banker at JP Morgan Private Bank based in Singapore.
Voragun Thunyasthukul has joined Credit Suisse as a Senior Relationship Manager based in Thailand. Voragun joins Credit Suisse from Kasikornbank Thailand where he was Team Leader within the Private Banking department for the past seven years.
In addition, Patchai Suratwisit has joined Credit Suisse as a Relationship Manager based in Thailand. Patchai brings extensive experience to the team, having worked almost 20 years in Thai financial institutions. Prior to joining Credit Suisse, Patchai worked with Kasikornbank Private Bank Thailand where he spent the last 10 years as a Relationship Manager.
Vaidyanathan Narayanan has joined Credit Suisse’s India market as a Relationship Manager based in Singapore. He brings extensive experience to the team, having worked for close to 20 years in the industry. In his most recent role, Vaidyanathan was with Julius Baer as a Relationship Manager based in Singapore.
Rohit Narayanan has joined the Bank’s India market as a Relationship Manager based in Singapore. As a highly experienced banker he brings in-depth expertise to the team, having worked for over two decades in the industry. He joins Credit Suisse from Bank of Singapore.
In addition, Credit Suisse has revealed that it has added to its Investment Consulting team. Denise Low has reportedly rejoined Credit Suisse as an Investment Consultant based in Singapore. She was previously with SCB Julius Baer, where she had previously spent the last two years building up and subsequently driving their Investment Advisory business in Bangkok. Prior to that, Denise was with Credit Suisse for 10 years.
In Q1 of 2021 alone, Credit Suisse have hired 30 net private bank relationship managers, as the firm reported in its Q1 earnings, contributing to Credit Suisse’s position as the Bank with the most diversified footprint in the region. For Private Banking South Asia, Credit Suisse says it continues to hire selectively and strategically, focusing on senior bankers. The Bank is hiring to support its growth ambition for the region, including the NRI market (with India onshore), Singapore and Thailand.