Credit Suisse has employed a new team of six private banking relationship managers for the Saudi Arabian market. The team, based in Dubai, is part of a strategic move to beef up its private banking team in Saudi, according to a statement from the Swiss bank. Ashraf Bajsair has been appointed team leader, assisted by Jihan Amiry, Mazen Takhah, Karl Abdelnour, Zohaer Eitani and Khalid Bin Mahfooz as relationship managers. They join from banks based in Jeddah, Al Khobar, Dubai and Riyadh. Bruno Daher, head of Private Banking in the Middle East/Indian Sub-Continent and co-chief executive in the Middle East, said: “I am delighted that these talented individuals are joining Credit Suisse to complement our existing team of specialists for Saudi Arabia. They will be instrumental in helping us to further strengthen our presence in this important and rapidly growing private banking market.” The Dubai-based team complements the existing dedicated resources in Zurich, Geneva and London covering Saudi clients.