Wade passes baton to new Credit Suisse Head of Private Banking Australia

Credit Suisse has announced that Alex Wade will be succeeded by Michael Marr as head of Private Banking Australia, effective 1 August 2018.

Wade, who was appointed to the role in 2016 following the departure of Edward Jewell-Tait, is currently the head of developed and emerging Asia for Private Banking. Previously, he was the market area head, Australia and Asia Pacific Switzerland for Private Banking Asia Pacific.

Marr will report to both Wade and John Knox, chief executive officer for Australia.