Credit Suisse has expanded its foreign exchange team in the Asia Pacific with the recent hire of six executives for its Hong Kong, Japan and Singapore operations.

Masaru Mizukami and Kazuo Kitazawa join the firm as directors based in Tokyo. Mizukami, latterly of Calyon Securities, will be responsible for the marketing of managed account fund and structured products to corporate pension funds and will also be managing FX prime brokerage activities in the country. Kitazawa, who comes from Deutsche Bank, will be focusing on Japanese corporates and retail aggregators.

Stepping in for the Hong Kong office is Yan Qin as director of FX sales. Qin was previously with JP Morgan in London. He will be responsible for the firm's links with Chinese financial institutions and sovereign wealth funds.

For the Singapore team, Alan Thomas, previously from Bank of America Merrill Lynch, steps in as director and head of private bank sales for FX based in the city state. He is joined by Angelia Tan and Ben McColl, who have both been named directors at the hedge fund desk. Tan is from BofA Merrill, while McColl is from Deutsche Bank, New York.

"Asia Pacific represents one of the biggest growth opportunities in our roadmap to become a top-tier global FX provider. These hires complement our onshore Emerging Markets Rates & FX expansion in the region," said Carsten Stoehr, the head of fixed income Asia Pacific.

The new appointees will report to Ivan Chan, the director and head of global FX sales Asia, based in Singapore.