By Ivan Anderzhanov.
Credit Suisse has named internal candidate Steven Hellman to lead its business in Russia and the CIS after scouring the entire market for a replacement for Fawzi Kyriakos-Saad.
Kyriakos-Saad recently moved 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.
Banking insiders said Credit Suisse has been looking for over a year under every stone for Kyriakos-Saad's replacement. Hellman, as head of investment banking in Moscow, had been putting his hand in the air for quite some time before the Swiss bank's management clocked him.
Credit Suisse First office in Russia opened in 1991 and is one of the leading foreign investment banks in Moscow. Hellman will work at developing investment banking, asset management and apparently private equity, according to a statement today.
Hellman joined Credit Suisse in 1997 and worked for two years as part of the global energy group in London and Moscow. After several years in other companies, he returned to Los Angeles branch of Credit Suisse in 2004.
Loading ...
{ 1 trackback }