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CSFB Names Regional Structured Credit Chiefs

Credit Suisse First Boston has named two new regional credit heads, following the departure of Amar Kuchinad.

Credit Suisse First Boston has appointed Andy Kaplan, director in credit derivatives in New York, and Alan Yeoh, director in credit derivatives in London, as regional heads of its structured credit business. The appointments follow the departure of Amar Kuchinad, previously a director in structured credit trading with CSFB, who left to join Goldman Sachs as a managing director in exotics trading (DW, 5/2). According to an internal memo obtained by DW, Kaplan and Yeoh will add the new role to their existing responsibilities. Kaplan heads the risk side of CSFB's global insurance business and Yeoh is in charge of the risk side of its global tax business. Yeoh referred calls to Pen Pendleton, spokesman for CSFB in New York, who confirmed the move. Kaplan did not immediately return calls.

In the memo, Sudip Thakor and Jonathan McHardy, managing directors and co-heads of global credit trading, explain Kaplan will be responsible for North American-based trading and Yeoh will take on European-based trading. The pair will have a joint reporting line to Thakor in New York and McHardy in London.  Thakor referred calls to Pendleton and McHardy confirmed the reshuffle.

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