Corporate Press Release

Press Release

Will Britten to join Credit Suisse as Head of Asset Management Australia

Credit Suisse announced that Will Britten is joining the Bank as a Managing Director and Head of Asset Management Australia, with effect from today. Mr. Britten will be based in Sydney and report to David Livingstone, CEO of Australia, and Neil Harvey, Head of Asset Management Asia Pacific.

Credit Suisse’s Asset Management business in Australia provides strategic advice, services and products to institutional clients, drawing on its global expertise in Alternative Investments, Asset Allocation and Advisory as well as Emerging Markets.

Mr. Britten brings to this role more than 16 years experience as a fund management executive. Most recently, he was CEO of BlackRock Australia, where he oversaw all business activities following its acquisition of Barclays Global Investors (BGI) in 2009. Prior to that acquisition, he was CEO of BGI for Australia and New Zealand, having spent 12 years at BGI in various roles, including Head of Distribution and Head of Institutional Business, with a focus on developing the alternatives investments business. He also worked in its U.S business, leading institutional client relationships.

In his role, Mr. Britten will assume strategic leadership of the Asset Management business in Australia. He will work closely with Credit Suisse’s Pension Coverage Group, led by Matthew Perrignon, which focuses on delivering products, services and expertise to Australia’s superannuation funds.

Commenting on the appointment, Mr. Harvey said: “Will has a mandate to grow all three of our business lines, across Alternative Investments, Asset Allocation and Advisory, and Emerging Markets. We are confident that he will be a great addition to the team, and that he will co-ordinate the Bank’s global network to deliver the best products and customised solutions to Australian clients,” continued Mr. Harvey.

Mr. Livingstone said: “We are delighted that Will is joining Credit Suisse, and believe his wealth of experience and market reputation will boost our already highly regarded Asset Management team.“

He also noted that Mr. Britten’s appointment follows the recent announcement that Edward Jewell-Tait is joining Credit Suisse as its new Head of Private Banking, Australia. “These two strong new hires highlight the momentum of our Australian business and our focus on, and investment in, quality leadership talent,” commented Mr. Livingstone.