People Moves

Credit Suisse Announces Asia Pac Head Of Prime Consulting

Vanessa Doctor Asia Editor 20 May 2010

Credit Suisse Announces Asia Pac Head Of Prime Consulting

Credit Suisse has announced the appointment of Vasundhara Pradeep as head of prime consulting for the Asia Pacific.

Pradeep was previously a director in prime brokerage sales and business consulting at UBS. She joins Credit Suisse as a director, based in Hong Kong, and will report regionally to Kevin Meehan, the head of prime services coverage Asia Pacific, and globally to Jeremy Siegel, the global head of prime consulting in New York.

In her new role, she will work closely with the bank's prime services coverage team and will lead the bank's efforts to provide hedge fund clients with consultancy services in the likes of infrastructure, technology and talent.

"This appointment is particularly timely given the increasing number of new funds in Asia and global managers seeking to establish a presence in the region," Siegel said in a statement.

"Getting the infrastructure right is a critical factor for new funds or funds that are new to a region as diverse and complex as Asia - it's also a growing priority for investors in hedge funds."

Prime Services, particularly in the Asia Pacific, is recognised by Credit Suisse as one of they key client businesses in its equities division, along with cash equities, electronic trading and corporate equity derivatives.

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