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Credit Suisse Appoints Sharhan Muhseen as Head of Financial Institutions Group for Southeast Asia

Credit Suisse announced today the appointment of Sharhan
Muhseen as Head of Financial Institutions for Southeast Asia at Credit Suisse AG.

Mr Muhseen is based in Singapore and reports to Michael Tan, Head of Financial Institutions Group (FIG) Coverage for Asia Pacific. He is responsible for deal sourcing and origination in the Southeast Asia region.

Commenting on today’s appointment, Michael Tan said, “We are delighted to have Sharhan joining us at Credit Suisse. With his deep expertise, knowledge and client relationships in the Southeast Asia banks and insurance sector, it will enhance Credit Suisse’s leading FIG franchise in the region” Mr Tan continued, “There continues to be significant strategic activity across Southeast Asia, and Sharhan brings with him a track record of landmark cross border deals that will contribute to an already strong M&A franchise.”

Most recently, Mr Muhseen was the Head of Financial Institutions Group for Southeast Asia and Head of Coverage for Sri Lanka at Bank of America Merrill Lynch, based in Singapore. Before joining BAML in 2007, Mr Muhseen was an Associate Director in the regional corporate finance team at Deloitte & Touche. His recent transaction experience includes advising OCBC on its acquisition of Wing Hang Bank and advising Khazanah on its acquisition of a stake in Acibadem Sigorta.

Credit Suisse is a leading player in Southeast Asia as the region forms a critical part of the Bank’s Asia business strategy. The financial institutions sector has been one of the drivers of the Bank’s success in Southeast Asia and is ranked #2 in share of wallet. The Bank continues to be active in working with major financial institutions in all of the key markets, leveraging on its strong country coverage teams.

In 2014, Credit Suisse has played senior bookrunning roles in a number of industry defining capital markets transactions, including a US$388 million placement of shares in United Bank Limited for the Government of Pakistan, a US$1.1 billion block trade for Malaysia’s CIMB Group and US$266 million rights offering for Philippine National Bank. In debt capital markets, the Bank acted as a joint bookrunner on the US$800 million 10.5 non-call 5.5 year Tier 2 subordinated notes for United Overseas Bank in Singapore in March, which was the first ever US dollar Basel III compliant Tier 2 instrument issued by a Southeast Asian bank at the time.

In merger and acquisitions, the Bank acted as the financial advisor to Affin Holdings in Malaysia on its US$414 million acquisition of Hwang DBS Investment Bank Bhd in January.