Business & Finance

Commonwealth Bank nabs top Credit Suisse banker

SYDNEY : Commonwealth Bank of Australia (CBA) appointed several top executives on Friday, including a key Credit Suisse
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CBA appointed Robert Jesudason, most recently a top mergers and acquisition banker for Credit Suisse in Hong Kong, to take over as group head of strategy.

CBA's chief executive elect, Ian Narev, is himself a proven dealmaker and his move to hire a top M&A banker could indicate that CBA will increase its focus on takeover opportunities in Asia.

The bank also picked Grahame Petersen has been appointed group executive business and private banking.

 

Copyright Reuters, 2011