Thursday, September 28, 2006
Credit Suisse has boosted top management for its emerging markets business with the appointment of Fawzi Kyriakos-Saad as chief executive of emerging markets in Europe, Middle East and Africa, the Swiss bank said on Wednesday.

Kyriakos-Saad was most recently head of global emerging markets at JP Morgan Chase .

In his new job Kyriakos-Saad will look after Credit Suisse's business in Russia and the former Soviet Union as well as Central and Eastern Europe, Turkey, the Middle East and Africa.

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He will report to Michael Philipp, chief executive officer of Credit Suisse for Europe, Middle East and Africa.

Credit Suisse has a long-established emerging market presence, including in Russia, where the bank has just launched a wealth management operation in Moscow.

Other major investment banks have been expanding their operations in Russia and other emerging markets including the Gulf, Turkey and Central and Eastern Europe as these markets open up.
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