Credit Suisse Appoints Chien Chien Wong as CEO Singapore, First Female CEO in Singapore
18th November 2021 | Singapore
Credit Suisse has appointed Chien Chien Wong as Chief Executive Officer of Credit Suisse Singapore, in addition to her current role as the Chief Operating Officer, Asia-Pacific. With the appointment, Chien Chien is also Credit Suisse first-ever female appointed as CEO in Singapore. The announcement by Credit Suisse CEO Asia-Pacific Helman Sitohang also included the retirement of Francois Monnet (Head of Private Banking North Asia and Chief Executive of Credit Suisse Hong Kong) on 31st December 2021 after a distinguished 14 years career, the appointment of Benjamin Cavalli (Head of Private Banking South Asia, Singapore CEO and APAC Sustainability Leader) as Head of Wealth Management Asia-Pacific and Jinyee Young (Market Group Head for Private Bank Singapore, Malaysia and South Asia Switzerland) as Deputy Head of Wealth Management Asia-Pacific. All appointments will be effective from 1st January 2022, subject to regulatory approvals.
“ Credit Suisse Appoints Chien Chien Wong as CEO Singapore, First Female CEO in Singapore “
Chien Chien Wong, Credit Suisse CEO Singapore
Chien Chien Wong has been appointed CEO Singapore (the bank’s first female CEO in Singapore), subject to regulatory approval, following Benjamin Cavalli’s appointment as Head of Wealth Management Asia Pacific (APAC). This role is in addition to her current role as the Chief Operating Officer (COO), APAC. As Singapore CEO, Chien Chien will work closely with business and corporate function leaders to deliver the integrated model across Credit Suisse’s legal entities in Singapore. Her responsibilities include enhancing the bank’s market presence, promoting collaboration for client solutions and business opportunities, driving strategy execution, strengthening people leadership, ensuring a strong country governance framework and risk culture, and managing key regulatory relationships.
Chien Chien is one of Credit Suisse’s most accomplished leaders in APAC. A long-term veteran of the bank, she joined Credit Suisse First Boston in 1992 and has since held management roles in Internal Audit, Legal & Compliance, as well as COO responsibilities across Investment Banking and Private Banking in Singapore, Hong Kong and New York. She has a deep understanding of the business and the front-to-back operating platform, with strong execution capabilities. She has a successful track record of driving key franchise developments and new business initiatives. These include the establishment of a number of bank branches and broker dealers in APAC as well as in emerging markets in other regions to meet business growth and regulatory requirements.
As one of Credit Suisse’s main strategic booking centers for its Wealth Management, Asset Management and Investment Bank businesses globally, Singapore will continue to play a critical role in the bank’s growth strategy. Credit Suisse’s investment in APAC across talent, technology and digital transformation and a strong Environmental, Social and Governance (ESG) focus will augment the bank’s strength in Singapore.
Helman Sitohang, Credit Suisse CEO Asia Pacific:
“As we pivot to faster growth in Asia Pacifc, with Wealth Management at the core of our success, the appointments of Benjamin, Jinyee and Chien Chien are a testament to our deep bench of talent and our commitment to build on the unique strengths of our integrated bank model. I am especially delighted that these appointments demonstrate our strong focus on diversity and inclusion, which is at the heart of our culture at Credit Suisse.”
Credit Suisse:
- Credit Suisse Private Bank Francois Monnet to Retire, Benjamin Cavalli Appointed Head of Wealth Management APAC
- Credit Suisse Private Bank Appoints Benjamin Cavalli as Head of Wealth Management APAC
- Credit Suisse Private Bank Appoints Jinyee Young as Deputy Head of Wealth Management Asia-Pacific
- Credit Suisse Appoints Chien Chien Wong as CEO Singapore, First Female CEO in Singapore
- Credit Suisse Appoints Sacha Eugster as Private Banking Market Leader for Philippines
- Credit Suisse Merges Global Wealth Management & Private Banking
- Credit Suisse Pays $475 Million Fines to US & UK Authorities to Resolve Charges for Africa Bond Offerings
- Credit Suisse Grows Thailand Private Banking Team with 3 New Hires, 2nd Largest Economy in Southeast Asia with $500 Billion GDP
- Credit Suisse Strengthens North Asia Private Banking Team, Appoints 5 New Team Leaders
- Credit Suisse Senior Appointments & New Hires for Investment Banking & Capital Markets in APAC, Christian Deiss as Head of M&A APAC
- Credit Suisse Appoints Head of Family Office Services APAC Thomas Ang as Head of Wealth Planning APAC
- Credit Suisse Strengthens Investment Team, Hires Matthew Peh as Team Head of Emerging Asia & UHNW Investment Consulting
- Credit Suisse Strengthens Investment Team, Chatkaew Groatong as Head of Private Funds & Russell Huang as Managed Solutions Specialist
- Credit Suisse Report: Archegos Family Office Had $120 Billion Total Exposure
- Credit Suisse Hires Stella Lau as Private Bank Market Leader for Greater China, Adds 5 Senior Private Bankers
- Credit Suisse Hires Nicole Dunn as Private Banking Team Leader in Australia, 1.8 Million HNWs in Australia
- Credit Suisse Appoints Shirley Law as Private Bank Market Leader for Singapore, 270000 HNWIs in Singapore
- Credit Suisse Appoints Joyce Low as Market Leader Malaysia, To Maintain Leading Position
- Credit Suisse Hires Malcolm Tay as Deputy Group Head & Market Leader for Indonesia, Accomplished Banker with Stellar Reputation
- Credit Suisse Private Bank Expands in Greater China, Appoints John Huang as New Greater China Market Leader
- Credit Suisse Private Bank Appoints Tammy Tan as Team Leader for Thailand & Vietnam
- Credit Suisse Appoints Alois Müller as Head of Private & Alternative Markets APAC, Target $7.8 Billion Assets Yearly
- Credit Suisse Appoints Lock Keng Cheong as Market Group Head Greater China, Adds 6 Private Bankers & Advisors
- Credit Suisse Appoints Dominique Boer as Market Group Head Singapore, Adds 7 Private Bankers & Advisors
- Credit Suisse, UBS, Nomura, MUFJ and Morgan Stanley Losses for Archegos Family Office Nears $10 Billion
- Credit Suisse Raises $1.92 Billion in Capital, $5.5 billion Losses from Archegos Family Office
- Credit Suisse and Nomura in $6 Billion Hit by Bill Hwang Archegos Family Office
- Credit Suisse Global Wealth Report 2021
- Credit Suisse Global Wealth Report 2020
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