Credit Suisse has appointed Puneet Matta as head of Wealth Management in India effective 15 December 2007. Mihir Doshi, country head for Credit Suisse in India, said: "Building a local wealth management business will allow Credit Suisse to deliver the integrated bank to its clients in India. With an 18-year career in India's banking industry, Puneet brings to Credit Suisse a wealth of knowledge and experience. He will focus on leveraging our integrated banking platform, working closely with our established Investment Banking business in India to deliver the benefits of the entire bank to our UHNWI and HNWI clients." Mr Matta joins Credit Suisse from Citibank, where he was most recently Country Business Manager India, with responsibility for the onshore private banking business. At Citibank, he held a variety of senior positions, among them head of Business Development for the Corporate and Investment Bank, and head of Financial Institutions, India. Credit Suisse says that it has targeted India as one of its strategic growth markets. Recently, the bank launched a brokerage operation and obtained a merchant banking license in India. It has filed an application for a portfolio management licence to provide high net worth individuals and institutional clients with a range of investment products and services in response to strong demand for such products in India. The Swiss bank has also built dedicated teams across the major centers in Dubai, London, Singapore and Zurich, catering for the needs of non-resident Indian clients.