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Credit Suisse bulks up Greater China team

Credit Suisse bulks up Greater China team

Credit Suisse has appointed Mervyn Chow as CEO for Greater China and Carsten Stoehr as chairman of Credit Suisse Hong Kong and Credit Suisse Hong Kong Securities.

Chow's new appointment is in addition to his existing roles as co-head of Asia Pacific investment banking and capital markets, and CEO for China.

He will lead the bank’s overall strategy in Greater China across the bank's private banking and investment banking platform as well as to broaden client relationships, and maintain all of Credit Suisse's regulatory relationships across Greater China.

Stoehr, on the other hand, takes on his new role in addition to his existing role as head of the Asia Pacific financing group. He will oversee the bank’s business and people strategy, along with regulatory relationships related to these licensed corporations.

Helman Sitohang, Credit Suisse's Asia Pacific CEO said, ‘Mervyn and Carsten are among our strongest leaders. They both lead successful and profitable businesses and have a client-focused, results-oriented approach, as well as a strong risk and control mind-set. They both are highly experienced in driving collaboration across our integrated platform.’

Chow has spent almost two decades of his investment banking career with Credit Suisse overseeing the equity capital markets, debt capital markets, convertibles and equity derivatives functions in the region.

Since re-joining Credit Suisse in 2016, Stoehr has built the Asia Pacific financing group into a profitable franchise that provides strategic financing to the bank’s ultra-high-net-worth and corporate clients.

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