Credit Suisse Appoints Janice Hu as CEO of China

An appointment made by Credit Suisse on Friday named Janice Hu as the CEO of the bank in mainland China. The appointment is of immediate effect.

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Ms. Hu will continue to lead Credit Suisse's onshore business and regulatory activities in her new role as CEO of China, with the goals of expanding the bank's presence, establishing a comprehensive platform, and strengthening the bank's position. To maximize collaborative prospects, she will work closely with Credit Suisse's senior team across Asia Pacific and Greater China.

With over 25 years of expertise in China's financial markets, Ms. Hu has an amazing professional track record. She has held many top roles across Credit Suisse's China business, including Vice Chairwoman of Credit Suisse China and Head of China Investment Banking, over the course of her 20-year career. She played a key role in Credit Suisse's China securities joint venture becoming a majority shareholder in June 2020, when she was Vice Chairwoman.

Credit Suisse China was renamed Credit Suisse Securities (China) Limited last week, marking another key step in the bank's continued expansion of its China business. Credit Suisse has hired more than 60 people in mainland China over the last year across all businesses and corporate functions.

Ms Hu's appointment comes after Zhenyi Tang's departure from Credit Suisse.