Credit Suisse announced the appointment of Josephine Kee Hong Yap as the chief representative of Credit Suisse AG Representative Office Philippines.
She is based in Manila and reports to Christian Senn, market group head Philippines at Credit Suisse Private Banking Asia Pacific.
The bank established the Representative Office in the Philippines for its wealth management business in April 2018, upon receiving the licence from the Securities and Exchange Commission and regulatory approval from Bangko Sentral ng Pilipinas.
Yap is a seasoned banker with almost three decades of experience in the Philippines financial services industry.
She joined Credit Suisse from Metropolitan Bank and Trust Company where she was most recently the head of private wealth countryside, financial market sector and led a team of senior relationship managers with respective regional coverage across the Philippines. Throughout her career at Metrobank, Yap had extensive experience in bank branch management and operations.
“I am delighted to head the Credit Suisse Representative Office for the private banking business in Manila. This set-up complements our existing footprint in the country across investment banking and capital markets and institutional brokerage businesses. Going forward, we will be able to forge closer ties with our clients, as we strive to support them across their entrepreneurial activities as well as their private investments and family wealth needs,” Yap said.
Senn said: “The Philippines is an important part of Credit Suisse’s South Asia franchise and we are committed to continuing to expand our domestic footprint in the Philippines and across the region. I look forward to having Josephine spearhead our business development efforts in the Philippines market as we look to deepen our footprint there.”
Credit Suisse has been a leading financial advisor to the government and major corporates in the Philippines since1992, providing financing and advisory services spanning capital raising, liability management, merger and acquisition transactions as well as structured finance.
Credit Suisse AG is one of the world’s leading financial services providers and is part of the Credit Suisse group of companies.
Credit Suisse employs 45,680 people globally. Parent company Credit Suisse Group AG is listed in Switzerland.
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