Corporate Press Release

Press Release

Credit Suisse Appoints Co-Heads of Investment Banking for the Philippines

Credit Suisse announced that Chiqui Huang and Johnny Escaler have been appointed Co-Heads of the Investment Banking Department for the Philippines, effective immediately. They will jointly lead the Bank’s coverage of clients in the Philippines and development of its franchise in this key market. They will report to Vikram Malhotra and Helman Sitohang, Asia Pacific co-Heads of Investment Banking Department at Credit Suisse.

Ms Huang has been a key part of Credit Suisse’s Investment Banking team in Manila since joining in 2004. She has also led many high profile capital raising, liability management, as well as M&A transactions for the government and leading corporates in the country. Prior to joining Credit Suisse, she worked for JP Morgan Chase, focusing on investment banking and corporate banking businesses. Ms Huang graduated from the University of the Philippines with a Bachelor of Science degree.

Mr Escaler joins from Goldman Sachs in Singapore where he has worked from 2008-2012. He was an Executive Director responsible for Philippine coverage of the Fixed Income, Currencies and Commodities Group. Prior to that, he worked at ING Bank Manila as Head of Financial Markets Sales and ING New York as an emerging markets fixed income trader. He holds an MBA from Columbia University.

Credit Suisse has been a leading financial advisor to the government and top companies in the Philippines since 1992. In 2011, Credit Suisse further demonstrated its commitment to the country by establishing an onshore brokerage in Manila to build on the Bank’s strong regional cash equities business. The Bank’s brokerage presence includes Equity Research, Sales, Sales Trading and Execution. The expansion not only complements Credit Suisse’s leading Investment Banking franchise in the Philippines, but also allows the Bank to provide more products and services to its clients.

Commenting on the announcement, Mr Sitohang said: “These appointments further demonstrate our commitment to Philippines, which has become an increasingly attractive market as investors increasingly appreciate the country’s potential and economic resilience.”