Credit Suisse appoints Zeth Hung, Carsten Stoehr as heads of APAC investment banking

According to Reuters, Credit Suisse names Zeth Hung as Asia Pacific co-head of investment banking and capital markets and Carsten Stoehr as the chief executive for Greater China which includes Hong Kong.

They will replace departing senior banker Mervyn Chow as the bank's Greater China chief executive and co-head of Asia Pacific investment banking and capital markets.

Hung was earlier heading the bank’s Greater China investment banking and capital markets business. Stoehr will retain current roles as head of the Asia Pacific financing group and chairman of the board of the bank’s Hong Kong and local securities units.

Both Hung and Stoehr will report to Credit Suisse’s Asia Pacific chief executive Helman Sitohang.