Credit Suisse is increasing the number of client advisors in central Europe to tap into local wealth there.

The wealth management division of Credit Suisse is looking east, having hired three new advisors to serve the markets of Poland, Hungary, Romania, and Bulgaria, according to an internal memo seen by finews.com and confirmed by Credit Suisse on Monday.

Credit Suisse hired the advisors to attract and service family offices, entrepreneurs, and ultra-high net worth individuals (UHNWIs), those with at least $30 million of investible assets.

«These hires underline Credit Suisse’s ongoing commitment to the region and our interest to grow further,» Gerold Reiser (pictured below), Head of Wealth Management for Central Europe, said to finews.com.

 

Gerold Reiser1

(Image: Credit Suisse)

Maciej Wiackowski joined Credit Suisse Many 19 to focus on the wealthiest families in Poland, joining from the Santander branch where he was a senior investment banker.

Maxim Jardai will join the bank on July 1 to develop the Hungarian franchise of Credit Suisse and focus on UHNWIs and entrepreneurs.

Octavia Popa also joins on July 1 serving UHNWIs in Romania and Bulgaria, and as an entrepreneur has founded firms in Romania.