The Swiss banking group is on an Asia-Pacific hiring drive. The Thailand market has risen to become more prominent in recent years with several Western banks seeking to break into the market.

Credit Suisse has made a number of fresh appointments for Thailand, highlighting how this lender and other international peers have been targeting the growing ranks of affluent individuals in the country. 

The Zurich-listed bank said that Thidatip Thitikarunwong (pictured) has joined and is based in Bangkok. As a team leader, she will lead a new Thailand onshore group, which includes relationship managers Nakkagamon Manosri and Naphak Tachasiriamorn, to help fuel the growth of the Credit Suisse franchise in the Southeast Asian nation. Prior to this, she worked at CIMB Thailand where she a private banking team head. Thitikarunwong has 20 years of experience in various leadership and relationship management roles, including 10 years with Citibank Thailand and UOB Thailand. 

Other joiners are relationship managers Nakkagamon (Ying) Manosri and Naphak (Nahm) Tachasiriamorn.

Nakkagamon (Ying) Manosri joined as an RM in early September. She was previously with CIMB Thailand where she was an RM for its private banking business. She has 10 years of experience in relationship management with CIMB Thailand, DBS Vickers and Bank of Ayudhya (Krungsri). Prior to that, she spent a total of seven years with KasikornBank and Siam Commercial Bank. 

Naphak (Nahm) Tachasiriamorn joined as an RM in early September. She has worked in the financial sector for 20 years, and spent the last eight years at CIMB Thailand, DBS Vickers and Bank of Ayudhya (Krungsri).  Prior to that, she worked at MFC Asset Management, HSBC and Standard Chartered. 

“Thailand is a key strategic growth market for Credit Suisse, and we are continuing to build up our wealth management franchise to capture the vast opportunities in the wealth management sector there. We remain deeply committed to expanding our team in Thailand, and have hired three senior bankers who will enhance our wealth management offerings and services to bring our best-in-class platform and solutions to our clients there,” Edwin Tan, head of wealth management for onshore and head of investment and advisory solutions in Thailand, said.

As of the middle of 2021, the bank has made net hires (taking account of departures as well as arrivals) of 50 RMs in North and South Asia. 

Earlier this week, this news service reported that Credit Suisse had named five team leaders who will span its North Asia business. 

Separately, see here for an analysis of developments in Thailand's wealth industry in terms of tax and regulations.