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Economy

Credit Suisse UK new Chief Executive

Written by Gary Howes
Thursday, 02 October 2008
Credit Suisse (NYSE:CS) has this morning announced that James Leigh-Pemberton has been appointed Chief Executive Officer of Credit Suisse in the United Kingdom. Leigh-Pemberton will report to Eric Varvel, Chief Executive Officer of the Europe, Middle East and Africa (EMEA) region. He assumes this role in addition to his current client responsibilities in the Investment Banking department. As CEO of Credit Suisse in the United Kingdom, Leigh-Pemberton will be responsible for the Private Banking, Investment Banking and Asset Management client business in the U.K. In this role, Leigh-Pemberton will facilitate the execution of Credit Suisses integrated banking model. Eric Varvel, Chief Executive Officer of Credit Suisse in the EMEA region, said: "James is one of our most respected bankers in the United Kingdom. He has a strong track record of delivering client focused solutions, delivering the full capabilities of the Credit Suisse to our clients. Having served as a mentor to many of our bankers in London, he is also uniquely well positioned to assume a leadership role in the UK business." Leigh-Pemberton is a Managing Director in the Investment Banking Division of Credit Suisse. He has led a number of businesses in Europe, including the European Investment Banking Department and European Equity Capital Markets. Most recently, he has been Chairman of UK Investment Banking. He joined Credit Suisse in 1994 from S.G. Warburg Securities, where he worked for fifteen years.