Tuesday, 6 April 2010

Top Credit Suisse M&A banker quits for Qatar fund

Top Credit Suisse M&A banker quits for Qatar fund | Reuters




One of Credit Suisse's (CSGN.VX) top bankers in the Middle East has left the investment bank to join Qatar Holding, the investment arm of the country's sovereign wealth fund, sources said on Tuesday.

DEALS

Anthony Armstrong was in charge of Credit Suisse's mergers and acquisitions division for the Middle East and North Africa from January 2009 until January 2010. He will be responsible for M&A at Qatar Holding.

A spokeswoman for Credit Suisse said Armstrong had been replaced by Erwin Van Der Voort, who has been with Credit Suisse since 1994. Qatar Holding is the investment arm of Qatar Investment Authority, one of the largest sovereign wealth funds in the world with an estimated $60 billion or more in assets under management.

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