Credit Suisse today said that Erin Callan will be joining the bank as a managing director and head of its global hedge fund business effective Sept. 2. In this newly created position, Callan will spearhead Credit Suisse's strategic advisory efforts serving the hedge fund community.

Callan, who will be based in New York, joins from Lehman Brothers, where she served most recently as its chief financial officer and a member of the bank’s executive committee. Prior to becoming CFO, she was head of Lehman's Global Hedge Fund Coverage group.

“Erin will strengthen our position with our hedge fund clients who continue to be an increasingly important client base,” said Paul Calello, chief executive of Credit Suisse's investment bank unit. “We and our hedge fund clients will benefit from Erin's talents and experience.”