Credit Suisse’s Robert Huray to join Deutsche Bank as South-east Asia vice chair

CREDIT Suisse Group’s Robert Huray is joining Deutsche Bank AG as vice chairman for South-east Asia, according to a spokeswoman for the German lender.

Huray will join Deutsche Bank in September and focus on large clients across Malaysia, Indonesia and Singapore, the spokeswoman said in response to a Bloomberg News query. At Credit Suisse, he’s the vice chairman of South-east Asia investment banking.

Huray rejoined Credit Suisse only last year after a brief stint at billionaire Robert Kuok’s Kuok Group overseeing the conglomerate’s investments in the region, according to his LinkedIn profile. Prior to that, he was the chief executive officer of RHB Investment Bank Bhd., the investment banking unit of Malaysia’s fifth-largest lender by market value. He had worked at Citigroup Inc. and DMG & Partners Securities Pte as well.

Numerous staffers have left Credit Suisse after UBS Group acquired its Swiss rival in a US$3.2 billion rescue orchestrated by the country’s central bank. In South-east Asia, its head of the Philippines Mark Robert Uy is joining conglomerate Ayala Corp, while former mergers and acquisitions head for South-east Asia Lim Zi-Kuan is also among those departing the lender, Bloomberg News has reported. BLOOMBERG