Credit Suisse announced four senior appointments in its Investment Banking Department in Non Japan Asia as the Bank continues to strengthen its presence in China and step up senior client coverage.
Liping Zhang, Head of the China Investment Banking Department, has been appointed Vice Chairman of the Non Japan Asia Investment Banking Department. In this capacity, Zhang will take on additional regional client coverage oversight responsibilities. He will continue to be based in Hong Kong, reporting to Paul Raphael, Head of Investment Banking for Asia Pacific. Zhang will also continue to act as China Country Manager for Credit Suisse, responsible for the Bank’s integrated business opportunities across private banking, investment banking and asset management.
Janice Hu, Managing Director and Vice Chairman of the China Investment Banking Department, and Jeremy Xiao, Managing Director and Head of the Investment Banking Department’s office in Beijing, have been appointed Co-Chairmen of the China Investment Banking Department.
Paul Su, Managing Director in the Investment Banking Department, will assume the role of Chief Representative of Credit Suisse (Hong Kong) Limited, Shanghai Representative Office, and Head of the Investment Banking Department’s office in Shanghai. He will continue to be responsible for coverage of Chinese industrial and mid-caps companies.
Hu, Messrs Su and Xiao will continue to report to Zhang.
“China is one of our most successful markets in the region,” says Raphael. “Liping, Janice, Jeremy and Paul represent some of the most talented China bankers in the industry. These new responsibilities build on their proven leadership track record and will ensure that Credit Suisse leverages its strengths across all our products.
“We are seeing increasing volume of intra-regional deal flow, which plays well to our strength of combining local expertise and global reach. Today’s appointments will position us further to capitalize on the opportunities.”