Battered by the Greensill debacle, Credit Suisse is now retooling its fund business with a number of leadership changes.
Credit Suisse Asset Management (CSAM) on Tuesday appointed a number of senior managers to report to Ulrich Koerner, at the same time adding new global leadership roles, finews.com has learned.
Global Roles
Colin Fitzgerald (pictured below), has been appointed global head of distribution, joining from U.S. competitor Invesco, where he was head of distribution for the Europe, Middle East and Africa region.
(Image: Credit Suisse)
Jo McCaffrey, another external hire, takes the newly created role of Global Head of Product. Previously, she served in a similar role at New York-based PineBridge Investments. She will be Zurich-based, with responsibility for ensuring offerings are continuously renewed and aligned with the bank's target segments and markets.
After Greensill
Credit Suisse veteran Filippo Rima has been appointed global head of investments. Rima joined the company in 2005, and took over as head of Europe and Switzerland shortly after the debacle over the blocked Greensill funds erupted. He replaced the since-fired Michel Degen.
Under Credit Suisse's new matrix organization, Rima is given equal market management responsibility. He heads the significant Asset Management Switzerland business, while Fitzgerald leads the European business. Michael Rongetti is responsible for the Americas market, and Min Huang will lead Asia Pacific on an interim basis.
