Credit Suisse names CEO Mexico

Credit Suisse has promoted Pedro Jorge Villareal as its chief executive officer of its Mexican franchise.

Villarreal, who has been working for 15 years at Credit Suisse, takes over the country CEO role from Hector Grisi, who is leaving the bank.

In addition to his new position, Villarreal will retain his role of co-head of the Investment Banking Department for Latin America, excluding Brazil.

Formerly, he led the investment banking department in Mexico for five years.

Robert Shafir, CEO of Credit Suisse Americas Region, said: “Mexico’s growing economy brings with it a need for increased financial intermediation, wealth creation and deeper capital markets – and Credit Suisse is uniquely positioned to meet these needs. I expect our success in Mexico to continue under the leadership of Mr. Villarreal.”

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