Credit Suisse expands Asia ex-Japan Cash Equity sales franchise (CH)

Credit Suisse has announced the expansion of its Cash Equity sales franchise for Asia ex-Japan with the appointment of 20 country- and product-specific specialists. The Bank has appointed Mark Sandeford as Head of the London Desk covering Asian ex-Japan equity sales and trading. Mr. Sandeford, a Managing Director, moved from the Bank's cash trading business in Hong Kong.

He is joined in London by Tom Scott, who will cover hedge fund sales. Mr. Scott, a Director, joins from JPMorgan where he focused on Asian Equity sales. Josh Meyer and Chulantha De Silva join as Directors in New York. Mr. Meyer, previously with Macquarie Securities, joins the Taiwan sales team while Mr. De Silva, who joins from Citigroup, adds to the Indian equities sales force. Also joining from JPMorgan are William Han as a Director in the general sales team in Hong Kong and Jonathan Jenkins, who joins as a Director in the general sales team in Singapore. Ruben Zamora, formerly of UBS, joins the general sales team in Singapore as a Director.

Credit Suisse has further expanded its India sales team by hiring three Vice Presidents in Mumbai: Kunal Bajaj, Sangram Singh and Anjali Bharvani. In Hong Kong, the Bank has hired four Vice Presidents to support Hong Kong/China, absolute return and hedge fund sales: Sharon Jiang, Gillian Wang, Kevin Leung and Jeffrey Shiu. The London desk has added two Vice Presidents - Paul Shin and Chris McGoldrick - to cover Korea sales and general sales, respectively. They will be joined in New York by Patricia Ahn, a Vice President supporting general sales, and in Jakarta by Carl Reading, a Vice President supporting Indonesia sales.

"Credit Suisse is committed to investing in what is already a leading franchise in the region. The Bank is the top foreign broker in several Asian markets and the new appointments will ensure we continue to provide clients with the service and products they have come to expect from the industry's premier equity sales franchise," said SJ Hwang, Head of Cash Equity for Credit Suisse in Asia ex-Japan.

Market volumes in the region have grown significantly, with Hong Kong and China leading the way, followed by strong increases in Southeast Asia and Korea. Credit Suisse is a leading equities broker in the region and has dominant market share in Korea, Hong Kong/China, Malaysia and Thailand.

Source: Credit Suisse

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