People Moves: Min Huang appointed Head of Asset Management, Asia Pacific, at Credit Suisse
Press Release - Credit Suisse is pleased to announce that Min Huang has been appointed Head of Asset Management, Asia Pacific, effective immediately. This appointment is in addition to her role as Head of Asset Management for China. This appointment comes after Min's successful seven months leading Asset Management in Asia Pacific (APAC) on an ad interim basis.
Min will continue to report to Ulrich Körner, CEO of Credit Suisse Asset Management, and be a member of both the Asset Management and APAC Management Committees.
In her capacity as the Head of Asset Management APAC, Min will, in close collaboration with Asset Management's global functions, lead the regional businesses, drive the regional implementation of the cross-functional AM strategy with a clear focus on further strengthening our market presence, and develop cross-divisional collaboration in the APAC region. Min has over 20 years of experience in the financial industry. She joined Credit Suisse in 2006 and has held various leadership roles over the years across the Investment Bank and Asset Management, in New York and Hong Kong. Since 2014, Min has served as Head of Asset Management for China, overseeing our successful asset management joint venture - ICBC Credit Suisse Asset Management Co (ICBCCS), and developing our China onshore presence.
Established in 2005, ICBCCS was the first ever asset management joint venture between a Chinese commercial bank and a foreign financial institution. To date, ICBCCS is among the lagest asset managers in China, with total assets under management (AuM) in excess of RMB1.7 trillion as of end of 2021.
Quote to be attributed to Ulrich Körner, CEO of Asset Management, Credit Suisse:
"Asia Pacific is a key growth region for Credit Suisse. I am convinced that Min's significant industry experience and proven leadership, together with her in-depth knowledge of the region, make her ideally placed to drive our efforts to grow our Asset Management business in APAC."