The hires come at a time of recent strong growth for the business in Australia, it said.

Credit Suisse's private bank in Australia has made a number of hires, it confirmed to this publication, trumpeting how it has clocked up a compound annual growth rate of 25 per cent in the past four years.

Jasmin Argyrou is joining as a director and portfolio manager in the discretionary portfolio management team. Argyrou has a background in debt markets, and was most recently investment director in fixed income at Aberdeen Standard Investments. Prior to that, she held senior portfolio management positions with BNP Paribas, Schroders Investment Management and UBS Global Asset Management, according to an internal memo shown to this publication.

Jude McDonnell has joined the funds advisory team in Melbourne, Australia as vice president. McDonnell has more than 10 years’ experience in managed funds research and consulting in the Australian market, most recently at Lonsec as head of fixed income and multi-asset.

In its relationship management area, the private bank has appointed two vice presidents working in Sydney and Melbourne.

Rohan Serrao has joined Credit Suisse in Melbourne from JBWere, where he was a senior member of the investment strategy and markets team dealing with private wealth clients. Prior to this, he spent the bulk of his 19-year career in institutional cash equity sales trading and research sales at Macquarie Bank and Nomura in both Sydney and Melbourne.

David Jones-Pritchard was most recently at HSBC Private Bank in Sydney, where he was managing family groups in the ultra-HNW space. He has had over 20 years’ experience in financial products and derivatives prior to joining Private Banking. His previous roles include head of equity derivatives at Investec and head of structured products at JP Morgan.