Credit Suisse Brazil Hedge Fund Gets New Chairman

May 14 2012 | 12:55pm ET

The CEO of Credit Suisse's asset management group in the Americas has been named chairman of the bank's hedge fund business in the country.

Antonio Quintella takes the top job at Hedging-Griffo after less than a year at his previous job. Quintella has overseen the hedge fund, Brazil's largest, since Credit Suisse bought it in 2007, but will now watch over it from its São Paulo headquarters.

Robert Shafir, CEO of Credit Suisse Asset Management, adds Quintella's responsibilities for the Americas to his portfolio. Qunitella will continue to report to Shafir.

Quintella has also left Credit Suisse's executive board for the Americas to take up the Hedging-Griffo chairmanship.

"As the former CEO of Brazil and CEO of Credit Suisse Americas, Antonio Quintella is ideally qualified to further develop Credit Suisse' wealth management business and to deliver the integrated bank to clients in one of our most dynamic growth markets," the bank said in a statement.

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