Credit Suisse appoints Fady Eid as Market Leader Levant

Press release

Published April 13th, 2011 - 05:42 GMT

Fady Eid, Market Leader Levant at Credit Suisse

Credit Suisse has appointed Fady Eid as Market Leader Levant for Private Banking Middle East & Indian Subcontinent, effective immediately. In this role, he will be responsible for driving growth and profitability in the strategically important Levant markets and will lead client facing activities. In addition to the new role, Fady Eid continues to serve as Chairman and General Manager of the Credit Suisse office in Beirut, Lebanon.

In February 2011, Credit Suisse was named the best private bank in Lebanon by Euromoney magazine, a leading publication for the global banking and capital markets. Credit Suisse was also recognized for being the best private bank in the Middle East region and globally. The accolades are based on the results of Euromoney’s Private Banking Survey 2011.

Credit Suisse is highly committed to the Middle East region, where it has been active for more than four decades. It has significantly expanded its presence throughout the region, serving clients across private banking, investment banking and asset management. Credit Suisse has offices in Abu Dhabi, Beirut, Cairo, Doha, Dubai, Jeddah, Manama and Riyadh.

Background Information

Credit Suisse

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management.

Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide.

The group employs approximately 50,500 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York.