Credit Suisse has hired a new private banking head for Australia, while rival Standard Chartered Private Bank has appointed a new regional head for Europe, Middle East and Africa (EMEA).
Bringing over 14 years of experience to the position, Michael Marr (pictured above) will assume his new role as head of private banking Australia with the Swiss private bank on 1 August.
Currently, Marr is the market leader for Credit Suisse Private Banking Australia, where he oversees the relationship management teams in Sydney and Melbourne.
He will report to Alex Wade, who is the private banking head for developed and emerging Asia, and John Knox, chief executive for Australia
Marr first joined Credit Suisse in Australia in 2009 as a senior relationship manager. Prior to that, he worked for the Macquarie Group, the Royal Bank of Canada and Hambros Bank.
Meanwhile, Standard Chartered has appointed Stephen Atkinson (pictured below) as regional head for private banking EMEA and global head for private banking referrals, effective 3 September.
Atkinson takes over from Ian Gibson, who will be retiring from the bank the same month.
Bringing 27 years of experience gained in Standard Chartered across various leadership positions in the corporate and institutional banking, Atkinson was most recently chief of staff to the bank’s chief executive officer (CEO), Bill Winters.
Based in London, he will report to Didier von Daeniken, global head for private banking and wealth management, as well as to Tracy Clarke in her capacity as regional CEO for Europe and Americas.