Credit Suisse Group has hired a new man to head their group in Asia, Bloomberg reports.
Rob Jesudason has joined the second largest Swiss bank with the aim of gaining projects from financial services companies in the Asian market and will be based in Hong Kong.
Credit Suisse is third in the rankings of financial institution mergers in Asia excluding Japan and was involved in five mergers over the last year. The company wants to improve its private-equity and debt finance sectors in the Asian market.
Mr Jesudason who was hired from JPMorgan Chase, replaces Carlos Oyarbide who left the company in April and will report to Vikram Gandhi.