Rob Stewart has been appointed CEO of Credit Suisse in Australia, effective Feb. 1. He will remain co-head of the investment banking department.
He succeeds David Livingstone, CEO of Australia since early 2010, who is returning to London to assume a senior client role with the bank.
Stewart will be responsible for leading the development of Credit Suisse across the private banking and wealth management, and investment banking divisions in country. He will also have primary responsibility for overseeing and maintaining all local regulatory relationships.
Eric Varvel, CEO Asia Pacific for Credit Suisse, said that with almost 20 years of experience at Credit Suisse, Mr. Stewart is well-placed to take on the role. "Credit Suisse has had a leadership position in Australia for more than 40 years and we continue see significant potential from this market," says Eric Varvel, CEO Asia Pacific for Credit Suisse.
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