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Media Release Credit Suisse Appoints Gary Withers as a Vice Chairman and Head of Asset Management for the EMEA region
London, April 25, 2007 Credit Suisse today announced the appointment of Gary Withers as Vice Chairman and Head of Asset Management for EMEA. In this role, he will be responsible for the further development of our business in this important region. Mr. Withers will be a member of the Asset Management Management Committee and Credit Suisse’s EMEA CEO Management Committee. He will be based in London and joins on May 1. He will report to David Blumer, CEO of Asset Management and Michael Philipp, CEO of the EMEA region. Mr. Withers brings to Credit Suisse over twenty years of experience in financial services and strong credentials in the UK asset management business. Most recently, he was the Chief Executive of Norwich Union Life, the life insurance arm of the UK’s largest insurance company and a wholly-owned subsidiary of Aviva. Prior to joining Aviva in 2001, he served in a variety of senior roles in the UK business of Merrill Lynch Investment Managers and its predecessor company, Mercury Asset Management. Mr. Withers holds an MBA from INSEAD and is a graduate of Pembroke College, Cambridge. Mr. Withers assumes this role from Mark Burgess, who has resigned to pursue other opportunities. This transition has been planned for some time with Mark agreeing to stay on board until a successor could be named to facilitate a smooth transition. David Blumer, CEO of Asset Management at Credit Suisse, said, “We are delighted to have someone with Gary’s depth of experience join the team. We have tremendous opportunities to further grow and expand our asset management business in the EMEA region. Gary's leadership will be instrumental in helping us further build our business in this important region." Mr. Withers said, “Credit Suisse is one of the world’s preeminent financial services companies, and is taking an innovative, solutions-oriented approach to clients in the area of asset management. I am excited by the opportunity to work with Credit Suisse and its clients in the UK and across the region.”
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Information: Wesley McDade, Corporate Communications, telephone +44 20 7883 9881 wesley.mcdade@credit-suisse.com
Media Release April 25, 2007 Page 2/2
About Credit Suisse
As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 40,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com. In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as real estate, hedge funds, private equity and volatility management. Credit Suisse’s asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 18 countries, Credit Suisse’s asset management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world. CREDIT SUISSE ASSET MANAGEMENT LIMITED is authorised and regulated by the Financial Services Authority.