Credit Suisse has appointed Edmond Carton as Ultra High Net Worth Individuals (UHNWI) Segment Head for the Middle East and Indian Subcontinent

Published February 18th, 2010 - 09:39 GMT
Al Bawaba
Al Bawaba

Credit Suisse is pleased to announce the appointment of Edmond Carton as UHNWI Segment Head for the Middle East and Indian Subcontinent, effective immediately. This new position underscores the Bank’s continued commitment to its clients in the region.

In this role, Edmond will head a team of Investment Partners located in Bahrain, Dubai, Geneva, London and Zurich. He will be responsible for further establishing Credit Suisse as the leading provider of financial services to the wealthiest individuals, families and family offices in the Middle East and will be based in Geneva.

Bruno Daher, Co-CEO of the Middle East and Head of Private Banking in the region, said: "Edmond’s appointment to this new position again demonstrates Credit Suisse’s commitment to deliver the highest quality services to its clients in the region. He will fully utilize the capabilities of the integrated bank in order to meet the challenges of increasingly complex and sophisticated UHNWI client needs in the Middle East."

Blake Shorthouse, Head UHNWI for the Europe Middle East and Africa region, said: "We are very pleased that Edmond chose to join Credit Suisse. We believe that our ability to deliver Investment Banking and Asset Management in a Private Banking relationship context positions us uniquely to serve our Ultra High Net Worth clients and to attract the best talent in the industry."

Edmond Carton joins Credit Suisse from one of Geneva's leading multi-family offices where he spent eighteen months as Vice-Chairman & Member of Executive Committee. Prior to that, he spent 12 years with HSBC Private Bank, where he was Group Head of Middle East & North Africa. He also sat on the Executive committee of the Swiss Private Bank and was board member of HSBC bank Middle East (HBME). Before joining HSBC, Edmond held a variety of senior positions at JP Morgan, where he spent 20 years in the Wealth Management, Commercial Banking and Investment Banking Divisions, including Global Head of Middle East Private Banking.

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