Credit Suisse Private Banking (CSPB) has announced that it has appointed Didier Von Daeniken to be its branch manager in Singapore. The move comes after the departure of Pierre Baer, who has left the bank. Baer was a well known figure in private banking circles in Asia. It is unlcear what he will do now.
Von Daeniken has been with Credit Suisse for over ten years. Most recently he has been head of International Wealth Management at the bank's Singapore branch. He has held this position for only four months and has been shuttling between Zurich and Singapore in that role. His promotion will see him relocate to the Lion City.
CSPB's Singapore operations are its largest in Asia. On top of the normal branch there is CSPB's pioneering Global Private Banking Centre which gives all of CSPB's global clients online and offline financial services and concierge services around the clock.