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Credit Suisse Appoints New Vice Chairman Of Investment Banking Department

Credit Suisse has said that Frederick Terrell has rejoined the company as vice chairman of the investment banking department. He will be based in New York effective June 1, 2010.

Mr Terrell will report to Jim Amine, managing director and co-head of the global investment banking department at Credit Suisse.

Prior to rejoining Credit Suisse, Mr Terrell was managing partner and CEO of Provender Capital Group, a private equity investment firm based in New York City that he co-founded in 1998.

During his career, Mr Terrell has also held a number of positions in the corporate governance arena, including membership on the board of directors for the New York Life Insurance Company, where he served as chairman of the investment committee; for Wellchoice where he lead the board’s committee that orchestrated the company’s successful sale to Wellpoint; and at Carver Bancorp, as chairman of the board.

Mr Amine said: “We are delighted to be welcoming Fred back to Credit Suisse. His broad, senior level experience across the bank’s platforms including investment banking, private equity, mortgage and asset-backed securitization, financial institutions and federal agencies give Fred a unique perspective on our Investment Banking franchise. Fred’s reputation and relationships in the broader business community will provide significant value to our business.”