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Credit Suisse Brasil names Chilov as CEO

Stock Markets Aug 05, 2022 12:22PM ET
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© Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, Nov. 3, 2021. REUTERS/Arnd WIegmann/File Photo

By Tatiana Bautzer

SAO PAULO (Reuters) -The Brazilian subsidiary of Credit Suisse Group AG has named Marcello Chilov as its new CEO, the bank said on Friday.

Ivan Monteiro, who had been appointed as Credit Suisse interim co-CEO with Chilov in January, will become chairman of the wealth and investment banking operations in the country, according to a statement.

Monteiro is a former CEO of state-controlled oil company Petrobras.

Chilov and Monteiro will report to Christian Meissner, investment bank and Americas CEO.

Chilov will continue to head wealth management in Latin America, reporting to Francesco De Ferrari (NYSE:RACE), wealth management CEO.

Chilov and Monteiro will continue to be members of Credit Suisse Brasil's board, chaired by Ana Paula Pessoa.

Credit Suisse Brasil names Chilov as CEO
 

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