The FINANCIAL — Credit Suisse on October 20 announced the appointment of Sai Tampi as a Director and Head of Multi Asset Class Solutions (MACS) for India.
In this newly created role, Mr. Tampi will be responsible for overseeing MACS operations in India, growing the Banks discretionary business for Credit Suisse’s wealth management business in India and the South Asia markets. He will be based in Mumbai and will report to Alex Buerge, Head of MACS Asia Pacific & the Middle East, and regionally to Puneet Matta, Head of Wealth Management in India.
Dani Brupbacher, Head of MACS for Credit Suisse said, We are very pleased that Sai has joined our team. We continue to implement the MACS International growth strategy, and the expansion of our global footprint is demonstrated with this appointment. Additionally, Sais industry experience and client relationships will add tremendous value to our MACS India platform.
Mr. Tampi said, I am very excited about working with the MACS team to further expand the business in India. Credit Suisses established presence and strong track record in India presents a unique opportunity for us to build our MACS platform in this dynamic market.
Credit Suisse is committed to the Indian market and has expanded its presence on the subcontinent for the past two years. In 2007, the Bank launched its India brokerage operation and obtained a Merchant Banker License in India. Most recently, it was granted a Portfolio Management License to provide high net worth individuals as well as family-owned businesses and entrepreneurs in India with a comprehensive range of local and international investment products and services. In addition, Credit Suisses Pune Centre of Excellence now employs 1,300 people to support the Bank's business activities globally.
The Multi Asset Class Solution (MACS), part of Credit Suisses Asset Management Division, provides clients with innovative solutions and comprehensive management across asset classes to optimize client portfolios. MACS offers investment solutions and advice to private clients, third party and institutional investors, taking advantage of all asset classes in Discretionary Mandates, Funds and Certificates. MACS has a worldwide network with locations in Europe, USA, Asia and the Middle East, managing over 50,000 Discretionary Mandates.
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