Thiriet to replace Kuo as Credit Suisse Japan CEO

Olivier Thiriet, Credit Suisse

Paul Kuo will step down as Credit Suisse’s chief executive in Japan on January 1 to be replaced by Olivier Thiriet, head of Asia-Pacific cash equities, the Swiss bank said yesterday in a statement.

Thiriet will take responsibility for Credit Suisse’s overall business in Japan, which comprises private banking, investment banking and asset management. He will be shadowed by Kuo, who worked for the bank for 18 years, until April as he gets up to speed with the new position. The learning curve should not be too steep as Thiriet knows the Japan business well, having worked...