New heads appointed
CREDIT Suisse Group AG appointed two new senior China heads yesterday as the Swiss bank ramps up efforts to deepen relationships with important entrepreneurs and corporate clients in China to expand its network to boost profits.
Hong Kong-based Mervyn Chow will take on the additional role of China’s chief executive officer alongside his current role as co-head of investment banking and capital markets in Asia Pacific Region. Neil Harvey has been named chairman of China business and remain CEO of Credit Suisse Hong Kong.
Chow said his main job as CEO is to generate value from the combined private banking and investment banking platform for the bank in China.
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