Kevin Meehan, currently head of Credit Suisse Prime Services in Asia Pacific, will move to London to become global head of Prime Fund Services, according to sources familiar with the matter.
The move will take place later this summer.
Myo Schollum, currently head of Asia prime brokerage sales, will replace Meehan in Hong Kong, the sources added. Schollum has worked in a number of roles in prime brokerage at Credit Suisse since 2001 in Hong Kong, Tokyo, Singapore and London, according to his profile on LinkedIn. Before that, he worked in corporate actions at Deutsche Bank.
We never comment as a matter of policy on market moves, an Asia-Pacific-based spokesperson told Global Custodian early Wednesday morning when asked to elaborate on the report.