Vice Chairman Asia Pacific, Credit Suisse
Mr Jose Isidro N. (Lito) Camacho is a Managing Director in the Asia Pacific region of Credit Suisse, based in Singapore. He is also a Vice Chairman for Credit Suisse Asia Pacific.
Lito joined Credit Suisse in March 2005 after a distinguished career in government and international banking. He was appointed Secretary of Finance for the Philippines in 2001, a position he held until November 2003. As Secretary of Finance, Lito led the country's economic team and supervised the fiscal and financial sectors.
Prior to that, Lito was the Secretary of Energy for the Philippines where he was credited with the successful passage of the country's power sector reform legislation. He was also Chairman of Land Bank of the Philippines, Philippine Deposit Insurance Corporation, Trade Development and Investment Corporation (PhilExim), Home Guaranty Corporation, National Power Corporation (NPC), Power Sector Asset and Liability Management Corporation (PSALM), National Transmission Corporation (Transco), Privatization Council, Capital Market Development Council, and National Credit Council.
Prior to joining the government, Lito was a Managing Director and Chief Country Officer for the Philippines at Deutsche Bank, AG in Manila. Before Deutsche Bank, Lito worked for Bankers Trust Company for over twenty years in New York, Japan, Hong Kong, Philippines and Singapore. His last position at Bankers Trust was Head of Investment Banking for Southeast Asia. Lito became a Managing Director at Bankers Trust in 1990 and obtained Partner status in 1996.
Lito is currently a Director of SymAsia Foundation (Singapore), a Founding Member of Asia Peace and Reconciliation Council (Thailand), the Non-Executive Chairman of Sun Life of Canada (Philippines), a board member of Sun Life Grepa Financial Inc. (Philippines), and a Member of Asian Infrastructure Investment Bank’s International Advisory Panel (China). He was previously a board member of the National Gallery Singapore (2013-June 2021), the National Heritage Board of Singapore (2007-2013) and Sun Life Malaysia Takaful Bhd (2013-2019) and Sun Life Malaysia Assurance Bhd (2013-2022). Lito was also formerly a member of the Securities Industry Council of Singapore (2010-2017), the Securities Commission of Malaysia’s International Advisory Group (2008-2010) and the ASEAN Capital Markets Forum’s Group of Experts (2008-2012), a Senior Advisor to The Boston Consulting Group, Singapore (2017-2021) and the Chief Executive Officer of Credit Suisse Singapore (2007-2016).
Lito obtained his Bachelor's degree in Mathematics (cum laude) from De La Salle University in 1975. He received his MBA with concentration in Finance from Harvard University in 1979. In 2017, Lito was awarded an Honorary Degree of Doctor of Business Administration from Thailand’s Eastern Asia University, and was a recipient of Singapore’s 2021 Public Service Medal (Pingat Bakti Masyarakat).