Credit Suisse Appoints New Asia-Pacific Wealth Management Head

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By Yongchang Chin

Credit Suisse Group has appointed Benjamin Cavalli as the head of wealth management for Asia-Pacific and as the chief executive of its Hong Kong branch.

The current Hong Kong branch chief executive, Francois Monnet, retires at the end of the year, Credit Suisse said on Wednesday.

The bank is also appointing Jinyee Young as deputy head of wealth management for Asia-Pacific. She will report to Mr. Cavalli.

Mr. Cavalli will be stepping down from his role as chief executive officer for Credit Suisse Singapore, with Chien Chien Wong to replace him. Ms. Wong is presently chief operating officer for Asia-Pacific and will continue in that role.

All three appointments are effective from January 2022, subject to regulatory approvals, Credit Suisse said.

Write to Yongchang Chin at yongchang.chin@wsj.com