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Credit Suisse unveils new wealth management structure with Huber COO

De Ferrari was appointed as CEO of the Swiss bank’s
wealth management business in December. This followed Credit Suisse’s plans to
shift towards wealth management and curb investment banking.

Huber is now chief operating officer of the Swiss
private banking business.

Robert Cielen will head the business area Europe
combining Europe and Emerging Europe, and Marcello Chilov will run Latin
America, combining LatAm and Brazil, the bank said on Monday.

Cielen had led the Emerging Europe business before he
became head of Europe in 2020.

Global Chief Investment Officer Michael Strobaek will
also take on the role as sustainability lead for the Wealth Management
division.

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