Credit Suisse has appointed Benjamin Cavalli as its new Singapore CEO as part of a trio of appointments revealed by the Swiss bank today.
Cavalli, who has worked in Singapore for the past 15 years, will retain his role as head of Southeast Asia and head of Singapore location for private banking. He will report to Asia Pacific head of private banking and CEO Southeast Asia, Francesco de Ferrari. Cavalli resumes the role from Lito Camacho who will continue as Vice Chairman Asia Pacific.
Cavalli has been with Credit Suisse since 2009 and has over 20 years’ experience in both wealth management and investment banking across Asia and Switzerland.
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The bank is also making the current head of international banking and capital markets in Singapore, Tan Kuan Ern, its deputy Singapore CEO, taking over from Edwin Low who remains as co-head of IBCM, Asia Pacific. Tan joined the bank in 2010 and possesses over 16 years of investment banking experience.
Finally, Jacky Ang has been appointed branch manager for the bank’s Singapore Branch and senior corporate officer for Credit Suisse (Singapore) to complement his role as COO, Singapore. Ang has been with Credit Suisse for 19 years and has been COO Singapore since 2015, as well as the Singapore deputy branch manager and deputy senior corporate officer since 2012.
The new appointments came into effect on the 1st of January.