Lawrence Band

Lawrence Band Tapped to Lead Credit Suisse Asset Management

Credit Suisse has recently announced the appointment of Lawrence Band to the role of CEO of Credit Suisse Asset Management

Lawrence Band was most recently the head of BlackRock's alternatives business, and prior to that, he was the chief investment officer of the California Public Employees' Retirement System (CalPERS).

Band is a seasoned investment professional with over 30 years of experience in the asset management industry. He has a strong track record of success in leading and growing investment teams and businesses.

Under Band's leadership, Credit Suisse Asset Management is expected to continue its focus on providing innovative investment solutions to its clients.

The firm has been a leader in the development of exchange-traded funds (ETFs) and other passive investment products. It is also a major player in the alternative investment market.

Band's appointment is a sign of Credit Suisse's commitment to growing its asset management business.

The firm has been under pressure in recent years as it has struggled to keep pace with its rivals in the investment banking and wealth management businesses.

Band's experience and expertise should help Credit Suisse Asset Management to regain its footing and become a more formidable competitor in the global asset management market.