Credit Suisse has made a senior hire at its asset management business in Switzerland and EMEA as well as in the Americas.

Credit Suisse has named Michel Degen as head of asset management for Switzerland and Europe, the Middle East and Africa (EMEA), this publication can confirm.

Michael Strobaek, former head of asset management in Switzerland, will remain as global chief investment officer at Credit Suisse and head of investment solutions and products for international wealth management.

Credit Suisse has also named Bill Johnson as head of asset management in the Americas.

Johnson - who will retain his role as deputy global head of asset management - will oversee the commodities group, credit investments group, Securitized Products Fund and private funds group. All Americas-based business that report to him currently will continue to do so.