It’s promotion season in investment banks. Following on from Goldman Sachs, Bank of America, Citi and Barclays, Credit Suisse has become the latest bank to release the names of its all-new managing directors. The 173 lucky people are listed below along with their job titles and location (where publicly available).
Credit Suisse paid its average London material risk taker – a proxy for a managing director – $1.3m for 2017. If you aspire to make that kind of money and become a managing director at Credit Suisse, today’s list has a few helpful pointers.
Firstly, it’s going to help a lot if you work in wealth management. – At least 20% of the MDs whose jobs are listed below are working in wealth management and the actual number is likely to be a lot higher. By comparison, front office global markets professionals only account for around 12% of the total and investment bankers (M&A and capital markets) account for around 15%.
Secondly, if you’re going to make MD you probably want to be based in Switzerland, because it is here that CS MDs are grown in the largest numbers. At least 30% of this year’s MDs appear to be based in Credit Suisse’s home country, with around 16% in London, 20% in the U.S., and the rest in Asia and elsewhere. This partly reflects Credit Suisse’s decision to cut London headcount by 30% in 2015, but it may also be because London has traditionally been skewed towards the global markets business which is somewhat out of favour.
Thirdly, if you do want to make it to the top in an investment banking at Credit Suisse, it’s going to help if you work in leveraged finance. Following last year’s decision to grow the leveraged finance business globally, Credit Suisse has promoted at least eight leveraged finance professionals in the latest MD round.
Fourthly, despite being all about increasing its equities sales and trading market share in the years to come, Credit Suisse hasn’t promoted many equities at all professionals this year. Steven Jorgensen, the co-head of equity derivative flow sales for EMEA is on the list, as are David Cohen (an equity flow salesman), William Bors (an equity sales trader) and Neil Glynn, an equity researcher. Mostly though, CS equities professionals seem to have been overlooked. This might be because the bank has hired over 50 people in equity derivatives and over 10 researchers in the past few years, and is waiting for tangible results before handing out promotions.
Lastly, if you want to make managing director at Credit Suisse, you absolutely do not need to be in the front office. While banks like Goldman Sachs focus on promoting revenue earners to managing director, Credit Suisse’s list below is striking for the number of compliance, risk, technology, legal, finance and HR people who are included. It might even be said that you have greater chance of getting to the top at CS now if you’re in a support function than if you work on the front line in global markets in London….
Credit Suisse MD list 2018
Adam Roberts-Thomson Head of APAC financing, Australia
Adil Verani Program Sales trading, Hong Kong
Allen Cermak Leveraged finance, New York
Alexander Tyo Head of US rates flow trading, New York
Alexandrine Kiechler CEO of Credit Suisse Investment Foundations
Alexis Baumont Fixed income, Switzerland
Andreas Roth Portfolio manager, Switzerland
Andrew Duff –
Andrew Lai Singapore
Angeline Aw Director investment banking country coverage, Singapore
Anita Antonopoulos Private banking, Switzerland
Annabel Morris Global head of recruitment for corporate functions, London
Antonio Limones ECM director, London. 15.5 years
Antony Fisher Global head of international trading solutions operations, London
Ashley Lam –
Barbara Capobianco Head of weath management operational risk, Zurich
Bill Wang –
Bruno Bischoff Head of sustainability affairs, Zurich
Christian Hübner Chief risk officer for Switzerland, Zurich
Christophe Bonjour Regional head of wealth management, Switzerland
Christopher Schofield –
Christopher Doolin Chicago
Chris Pollard –
Connor O’Keeffe Private funds group, London
Conor Stransky Investment banking, New York
Conrad Bruggisser Zurich
Craig Jeffers Leveraged finance, New York
Cyril Yip Product control, Singapore
Dabby Leung –
Daniel Monckton London
Daniel Rupli Head of single security research, equity and credit, Zurich
Daniela Nievergelt Head of regulatory policy, Zurich
David Cohen Equity derivative flow sales, London
David Mechlin New York
David Rabuano –
Diego Discepoli Head of EMEA IG and EM Credit Sales, London
Dominique Schwitz Teamleader Single Family Offices, Premium Clients at Credit Suisse
Drew Shoemaker Head of global markets regulation
Edouard Kohler Head Advisory & Sales International Private Clients, IWM, Zurich
Edward Hope Head of UK Solutions, London
Eduardo Lapina –
Elena Hainaut Geneva
Eleonore Dachicourt Head of products Asia, ex-Japan. Singapore
Erik Morris Head of EMEA investment banking and capital markets, legal
Erik Nijssen Strategic advisory
Eugenio Giancotti Head of Investment Consultants for UHNWI and HNWI Emerging Europe at Credit Suisse, Switzerland
Fahad Al-Ebrahim International wealth management, Kuwait
Franck Bataille Head of European credit sector strategy, Paris
François Schnyder Head of strategic resolution unit, Switzerland
Gary Katz Investment banking, New York
Gavin Kelly Director of financial planning and analysis, Zurich
Georges El Khoury Private banking UAE
George Geotes Agency CMBS, New York
Germane Wee Singapore
Giorgio Valle Principal equity investments, Singapore
Girish Anthur Head of core platforms private banking technology, Singapore
Gregory Rye Leveraged finance, London
Guido Niffenegger Head of the Zurich region for wealth management
Gustavo Azevedo Private banking, Brazil
Holger Inhester CFO Trust group, Zurich
Ian Blair Global Head of Surveillance:Trade/E Comms/Voice, London
Igor Rena Cardoso Chief technology auditor, Zurich
Ilya Feldman New York
Javier Nardiz Financial consultant, Spain
Jeans Wang Equity capital markets, Hong Kong
Jeremy Duksin Sales and distribution, private fund group, New York
John Katsikoumbas Leveraged credit trading, London
Jonathan Tse Electronic trading, product development and quantitative research, London
John Hoffman New York
Jos Hehenkamp Head Product Development & Platform at Credit Suisse Asset Management Switzerland & EMEA, Zurich
José Arcilla Head Investment Advisory Institutional Clients Zurich
Julien Binnie Director, Global Head of Market, Credit, Enterprise Risks for the Strategic Resolution Unit Division
Igor Rena Cardoso Chief auditor, technology, New York
Katrina Glover COO Australia
Kathrin Wehrli Head Products & Services, Zurich
Laith Al Kurdi Private banking UAE
Lars Moeller Debt capital markets. Corporate coverage responsible for Germany, Austria, Netherlands and Nordics. London
Lea Blinoff Head of UHNW Entrepreneurs & Real Estate Group
Leonardo Mayer New York
Lillian Liao Singapore
Lokesh Khiani Zurich
Luis Macias Mexico
Nicholas Markson Head of banking group legal EMEA. London
Lynn Honkanen Chief Operating Officer, New York
Maarten Swart Director IBD, Head of IBCM Netherlands
Marc von Widekind Head of digital delivery, Zurich
Marcus Lutz Head of compensation management, private banking, Zurich
Maria Nacheva Finance business partner, Zurich
Marc Buchli Private banking, Singapore
Marcello Chilov Private banking, Brazil
Marcus Linfoot Head of credit risk review, APAC and EMEA, Singapore
Mandy Loo Private banking, Hong Kong
Mark Green Credit products COO, London
Mark Wilson Chief data officer, compliance, London
Martial Décoppet Responsible for the Vaud region
Martin Lamb Real estate, New York
Mary Kate Wynperle New York
Masahito Shimada Head of equity capital markets, Japan
Masashi Washida Head of EMEA securitized products finance, London
Mascha Zaugg Portmann Switzerland
Mathias Ordody Zurich
Matthew Cattee US credit repo trader, London
Matthew Masso Head of commercial real estate finance, New York
Meryl Sullivan Rate sales, New York
Michael Comisarow Investment banking, Canada
Michael Jacob Latin American loan syndication, New York
Michele Van Tassel New York
Mohammed Patel EMEA head of flow financing, London
Neil Glynn Head of European Transport Equity Research and Global Transport Research Co-ordinator, London
Nevin Bhatia DCM, leveraged finance, New York
Nicholas Markson Head of banking group legal EMEA. London
Nikhil Singhvi Technology, New York
Niklaus Boser Legal and compliance
Özgür Arzik Cluster head, international wealth management, Zurich
Pablo Carrasco Head EAM Business UK & Emerging Markets, Singapore
Paolo Roncati Head of the family office and coprorate advisory team, Milan
Patrick No Head of financial sponsors Asia
Paul Norris Global head of treasury IT, Zurich
Pauline Cahill Director of strategic recruitment, London
Pawel Kowalski Leveraged finance, London
Peter Cross Renewable energy finance, New York
Philippe Herminjard Private banking, Hong Kong
Qing Wang Quant trader, Hong Kong
Rafael Abati Head of M&A for Iberia, Madrid
Rafael Gross Private banking, Brazil
Ralf Hippenmeyer Head of structured finance, Zurich
Ravi Venkataraju Zurich
Reinhard Mues Head of private banking, Credit Suisse Austria
Reynard Cheng London
Richard Sehayek Global head of fund linked products financing and head of UK and Ireland structured sales, London
Robert Leichtner VP product development New York
Robert Taylor Head of Enterprise and Operational Risk management and COO at Credit Suisse
Robert Wartchow Leveraged finance, London
Ross Whittaker Head of electronic trading, Japan
Romain Pointurier New York
Russell Gale –
Ryan Bondroff Healthcare investment banking, New York
Ryan Williams Leveraged finance, New York
Sabine Barbier-Goldman Head Supplier Risk and Control & Head Policy Governance Efficiency Management, New York
Sandro Kutschera Markets, Switzerland
Sanjay Advani –
Sébastien Pesenti Private clients, Italy
See Bing Lim APAC Lead for Risk and Finance Data Analytics and Reporting, Singapore
Serge Yokoyama Private clients. Switzerland
Simon Booth Chief auditor for risk, London
Shivam Gupta –
Stefan Rauch Zurich
Stephen Ju Technology analyst, New York
Steven Jorgensen Co-head of equity derivative flow sales, EMEA. London
Steven Rosen New York
Stewart Finlay Head of market risk IT
Stuart Crabtree Responsible for the risk management and pricing of FX exotics derivatives and structured products, London
Sven-Christian Kindt Private equity investments, Zurich
Tanvi Singh Head of analytics, compliance and regulatory, Zurich
Tariq Hasan Trading capital and fund management, Zurich
Teddy Swigert Los Angeles
Thomas Geiser Head of Group Management Reporting, Zürich
Thomas Wechsler –
Timothy Joyce Head of London FX trading. London
Tim McKessar TMT banking Australia
Tim Tu Head of structuring for greater China, Hong Kong
Tom Koffer Global Head of Anti-Corruption & Economic Sanctions Compliance, New York
Tracy Watkinson COO and Program Director, London
Urs Burgherr Head of employment law Switzerland
Urs Widmer Head Credit Risk Management IWM International, Switzerland
Valerie Philips COO for CRO change, risk division, Switzerland
Vamil Divan Senior research analyst, New York
Vik Bali COO, private banking, developed and emerging Asia, Singapore
Vincent Tay –
Wang Xue –
William Bors Equity sales trader, New York
Will Lau Global head of IT sourcing, New York
Winson Toh Compliance, Singapore
Yair Oshman Origination, structuring and placement of Structured Financing Solution, London.
Yiping Li COO, asset management Luxembourg
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