Corporate Press Release

Press Release

Credit Suisse makes senior appointments in the Philippines market for Private Banking

Credit Suisse announced today that Angela Bow has been appointed Managing Director and Market Leader for the Philippines in its Private Banking division from December 6, 2011. Based in Hong Kong, she reports to Martin Kuenzler, Managing Director and Market Area Head for Emerging Asia. In addition, Albert Ma will be joining Credit Suisse’s Private Banking division as Managing Director and Team Leader for the Philippines Market based in Hong Kong, reporting to Ms. Bow from January 18, 2012.

Ms. Bow has more than 10 years experience in senior relationship management and market leadership roles covering the Philippines market, with strong expertise in developing and driving business strategy and the sales process, focused on the acquisition and development of ultra high net worth (UHNW) and high net worth (HNW) clients. She has also worked in close collaboration with Investment Banking to leverage the integrated bank platform for private banking clients. Previously, she was Country Team Head for Philippines Market at UBS, and has more than 25 years experience in international Private Banking with UBS and Citibank in Hong Kong, Tokyo, Geneva and New York.

Mr. Ma joins Credit Suisse from UBS where has over 10 years of experience building an UHNW and HNW client base in the Philippines. His last role was Desk Head of the HNW segment for the Philippines market, where he has been instrumental in building an expansive and profitable business. He has more than 20 years of experience in the banking industry and has had roles at HSBC and UBS, in Private Banking relationship management as well as in Treasury and Foreign Exchange.

Marcel Kreis, Head of Private Banking Asia Pacific at Credit Suisse, said: "We are delighted to welcome Angela and Albert to Credit Suisse. Both of them bring an enormous wealth of experience in international private banking, especially covering the Philippines market. Our ability to continuously attract senior talents reaffirms Credit Suisse’s commitment to its leading Private Banking franchise in Asia Pacific. With both executives having over 20 years of experience in the wealth management industry, I am confident that their expertise and management skills will be a significant contribution to our business.”