New Delhi: Credit Suisse Group announced the appointment of Kai Nargolwala as CEO of the Asia-Pacific region. He succeeds Paul Calello, who was CEO of Asia-Pacific since 2002.
He would report to Brady W Dougan, CEO, Credit Suisse, and will be a member of the Executive Board. He will be based in Hong Kong and will assume his new responsibilities on 1January, 2008.
Mr Nargolwala will work with the Investment Banking, Private Banking and Asset Management divisions, leading the integrated bank in the region. He joins Credit Suisse with three decades of industry experience in Europe, US and Asia, last 10 years of which have been at Standard Chartered plc.
He has been Board Member of Standard Chartered since 1999, and is currently responsible for its governance in Asia and its global risk and special asset management functions.