Li Ping joins Credit Suisse as Managing Director to lead a team of Shanghai-based Investment Banking and Capital Markets (IBCM) coverage bankers, effective upon completion of relevant registration. In this newly created role, Ms. Li will be responsible for expanding Credit Suisse's onshore client coverage capabilities in China, as well as building Credit Suisse's financing franchise. She will be based in Shanghai. Prior to joining Credit Suisse, Ms. Li was with Deutsche Bank's Capital Markets and Treasury Solutions Group, where she was most recently the Co-Head of Corporate coverage and the Deputy Branch Manager in Beijing.

Credit Suisse is also pleased to announce the appointment of Summer Xia to the role of Managing Director and Chief Beijing Representative in IBCM, Asia Pacific, subject to the completion of respective registration process. As a more than 16-year veteran in investment banking, Ms. Xia will play an integral part in strengthening and expanding Credit Suisse's relationships with leading Chinese corporates as well as government and regulatory bodies. She will also support various teams within IBCM to strengthen the global connectivity of Credit Suisse in China. Prior to joining Credit Suisse, Ms. Xia was a Managing Director in the investment banking division of China International Capital Corp.

Ma Jie is another new addition to Credit Suisse's China onshore coverage team, who joined as a Director. Ms. Jie joined Credit Suisse from Deutsche Bank, where she was a Senior Relationship Manager in the Capital Markets and Treasury Solution team. She will be based in Shanghai.

Together, these appointments demonstrate Credit Suisse's commitment to building its presence in China and to driving future revenue growth in this strategically important market for the bank. These appointments also reflect the Bank's ability to attract leading talent to our onshore China franchise.