LONDON - Credit Suisse named new co-heads for its investment banking operations in Europe, the Middle East and Africa on Wednesday following the resignation of Jamie Welch after a year in the job, a person with knowledge of the appointments said.
The Swiss bank named Marisa Drew, co-head of the global markets solution group, and Ewen Stevenson, co-head of the team that advises financial companies on takeovers, to replace Mr. Welch, said the person, who declined to be named because the appointments were not announced publicly.
Mr. Welch, who became head of European investment banking in addition to his job as global head of energy in March last year, is to move to the United States from London to become chief financial officer at Energy Transfer, a Credit Suisse client.
Both Ms. Drew, who joined Credit Suisse in 2003, and Mr. Stevenson, who came to the bank in 1989, will continue to co-head their respective businesses.
Ms. Drew, who holds an M.B.A. from the Wharton School, joined Credit Suisse from Merrill Lynch, where she helped build the European leveraged finance group. At Credit Suisse, she has been in charge of the bank’s financing products and advisory, including debt and equity capital markets, leveraged finance and corporate derivatives. She worked on Liberty Global’s $16 billion purchase of the British cable company Virgin Media earlier this year.
Mr. Stevenson, a graduate of University of Wellington, in New Zealand, has been advising financial institutions as part of Credit Suisse’s investment banking operation for the last 19 years.
Financial News reported the changes earlier on Wednesday.
