Credit Suisse Is Said to Rehire Badr to Sharpen Focus on Saudi - Bloomberg:
Ahmed Badr is set to rejoin Credit Suisse Group AG in Dubai four years after Renaissance Capital hired him from the Swiss bank as part of a push into Saudi Arabian stocks.
Badr will become a managing director and be responsible for boosting the Zurich-based lender’s equity operations in the Middle East and North Africa, according to two people with knowledge of his move. They asked not to be identified because the information isn’t public. The Saudi Arabian equities market will be his biggest priority, according to one of the people.
Renaissance confirmed that Badr is leaving the company, without giving details. Badr and Credit Suisse declined to comment.
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