People Moves
Credit Suisse Names Co-Head Of IWM Investment Banking Advisory
The newly appointed figure has held senior posts at Bank of America Merrill Lynch, Lehman Brothers and Goldman Sachs.
Credit Suisse
has appointed former Julius Baer board member and Bank of America
Merrill Lynch senior figure Christian Meissner as co-head of
international wealth management investment banking advisory (IWM
IBA). He has also been made vice chairman of investment banking,
as of 26 October.
Together with Babak Dastmaltschi, chairman of strategic clients
IWM and co-head of IWM IBA, Meissner will further develop and
execute IWM’s strategy for entrepreneurial high net worth
clients, the Zurich-listed bank said.
Since May this year, Meissner had been a director on the board of
rival Swiss bank Julius Baer. He has resigned with immediate
effect.
“His appointment represents an important next step in the
investment bank’s investment in senior bankers to further build
the capital markets and advisory business,” the bank said.
Meissner will work with David Miller globally and Jens Welter in
EMEA, as well as Yves-Alain Sommerhalder, head of global trading
solutions and the international financing group.
Credit Suisse will benefit from Meissner’s corporate and private
equity relationships with clients globally. With 30 years of
experience in investment banking, Meissner has built an extensive
network in Europe. He has held various senior positions at
investment banks, most recently serving as head of global
corporate and investment banking at Bank of America Merrill
Lynch. Prior to that, he was at Lehman Brothers from 2004 to
2008, where he served as co-head of EMEA investment banking and
subsequently was co-CEO for EMEA. Before this, Meissner was at
Goldman Sachs.
Based in Zurich, Meissner will become a member of the IWM
management committee and report to Philipp Wehle, CEO of
international wealth management, and to Brian Chin, CEO of the
investment bank.