President and CEO of Credit Suisse Holdings (USA), Inc. & Global Head of Asset Management, Credit Suisse
Eric Varvel is a Managing Director of Credit Suisse in the International Wealth Management division, based in New York. He is Global Head of Asset Management. Eric also serves as President and CEO of Credit Suisse Holdings (USA), Inc.
Prior to assuming his current role, Eric was Chairman of the Emerging Markets and Sovereign Wealth Funds. From February 2008 to October 2014 Eric served as a member of the Executive Board. From 2012 until 2014, he led the Investment Banking division together with Gaël de Boissard. In this capacity, Eric was responsible for the Equities & Investment Banking business. He was also CEO Asia Pacific.
From 2010 until 2012, Eric was the CEO of Investment Banking and served as acting CEO from September 2009 until July 2010. From 2008 until 2010, he was CEO Europe, Middle East and Africa.
Prior to his appointment to the Executive Board, Eric was the Co-Head of the Global Investment Banking department and the Head of the Global Markets Solutions Group in the Investment Banking division of Credit Suisse for over three years, based in New York. Before that, Eric spent 15 years in the Asia Pacific region in a variety of senior roles, including the Head of Investment Banking and Emerging Markets Coverage for the Asia Pacific region ex-Japan and the Head of Fixed Income Sales and Corporate Derivative Sales. During that time, Eric was based in Tokyo, Jakarta and Singapore.
Eric joined Credit Suisse in 1990. Previously, he worked as an analyst for Morgan Stanley in its investment banking department in New York and Tokyo.
Eric holds a BA in Business Finance from Brigham Young University in Provo, Utah. He has been married to Shauna Hill Varvel for more than 25 years and they have five children. Since 2010, he has been a member of the Board of Directors of the Qatar Exchange.