Credit Suisse has appointed Olivier Thiriet as CEO for Japan. He succeeds Paul Kuo, current CEO for Japan, who leaves Credit Suisse after 18 years’ service.
Currently based in Hong Kong, Thiriet will keep his existing role as head of Credit Suisse’s cash equities business for the Asia Pacific region. In his position, Thiriet will take responsibility for Credit Suisse’s overall franchise in Japan across private banking, investment banking and asset management and will report to Osama Abbasi, Credit Suisse CEO for Asia-Pacific.
Thiriet joined Credit Suisse in 2011 in its New York equities department and relocated to Tokyo the same year to build its Alternative Execution businesses in Japan. He built up the bank’s position as an electronic broker in Japan, and from 2006 was given responsibility for all Credit Suisse’s Alternative Execution businesses in Asia Pacific, before taking his current role in 2009. Alternative Execution effectively encompasses Advanced Execution Services and program trading.
Before working at Credit Suisse, he worked for financial services group SG Cowen in New York, where he was an associate in the program trading team. Prior to that, he worked for Société Générale in Paris, London and Tokyo.
Credit Suisse recently hired Michael Mollemans, formerly of Japanese investment bank Daiwa Capital Markets, as head of Advanced Execution Services for Japan.