By Ivan Anderzhanov
A senior shake-up at Credit Suisse has left the investment bank without a Moscow-based head to cover the Russia, the CIS and Turkey region.
The current incumbent Fawzi Kyriakos-Saad is moving to London to replace Eric Varvel as head of Europe, Middle East and Africa region. Varvel has been named as chief executive officer of the bank to replace Paul Calello who is suffering from a serious illness.
Kyriakos-Saad joined Credit Suisse in 2006 from JP Morgan Chase, where he worked in a variety of senior fixed income and emerging market management roles. Before joining JP Morgan, he spent eight years at Goldman Sachs in New York and London.
He will retain his role as co-head of the global emerging markets council. His replacement in Moscow is expected to be made by an internal promotion.
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