People Moves
Credit Suisse Appoints Asia-Pacific Asset Management Head
The APAC asset management head at the Swiss bank has been in the post on an interim basis for seven months.
Credit Suisse, a global investment bank, has appointed Min Huang as head of asset management, Asia-Pacific, in addition to her role as head of asset management for China.
The appointment comes after Huang spent seven months leading asset management in the Asia-Pacific region on an interim basis, the firm said.
Starting immediately, Huang will continue to report to Ulrich Körner, CEO of Credit Suisse Asset Management, and be a member of both the asset management and Asia-Pacific management committees, the firm added.
In her new role, Huang will lead the regional businesses, drive the regional implementation of the cross-functional asset management strategy, focusing on strengthening its market presence, and develop cross-divisional collaboration in the region, the firm stressed.
With over 20 years of experience in the financial services industry, Huang joined Credit Suisse in 2006. She has served in various leadership roles over the years in New York and Hong Kong, the firm added. Huang has been head of asset management for China since 2014, overseeing the firm's asset management joint venture ICBC Credit Suisse Asset Management Co (ICBCCS), and developing its China onshore presence.
Established in 2005, ICBCCS was the first ever asset management joint venture between a Chinese commercial bank and a foreign financial institution and it is among the largest asset managers in China, the group explained.
Welcoming the appointment, Körner highlighted how Huang’s experience in the industry and in-depth knowledge of the region made her ideally suited to grow the firm's asset management business in the Asia-Pacific region.