credit suisse expands private banking team for the middle east

Published August 21st, 2007 - 11:51 GMT
Al Bawaba
Al Bawaba

credit suisse expands private banking team for the middle east

Credit Suisse today announced that it has hired a team of Private Banking Relationship Managers for the Middle East market, based in Zurich. This underlines Credit Suisse’s commitment to further strengthening its activities and services to clients in this dynamic growth market.

Bruno Daher, Head of Private Banking in the Middle East/Indian Sub-Continent and Co-CEO of the Middle East, commented: “I am delighted that these talented individuals are joining Credit Suisse to complement our existing team of specialists for the Middle East. As a team, they will be instrumental in helping us to further strengthen our presence in this important and rapidly growing private banking market and will have a strong focus on the countries of the Gulf region.”

Mark Idriss will take the role of Head of Middle East for the Private Banking business in Zurich, with effect from December 1, 2007. He joins from HSBC where he was Head of Middle East and North Africa in Zurich. The other four members of the team have been appointed Relationship Managers for various key markets in the Middle East, and will be based in Zurich. With their extensive knowledge of the Middle East market generally and the Gulf region in particular, they will contribute significantly to strengthening Credit Suisse’s activities in this important growth region.