Credit Suisse Brasil names Chilov as CEO

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The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, Nov. 3, 2021. REUTERS/Arnd WIegmann/File Photo Purchase Licensing Rights, opens new tab
SAO PAULO, Aug 5 (Reuters) - The Brazilian subsidiary of Credit Suisse Group AG (CSGN.S), opens new tab has named Marcello Chilov as its new CEO, the bank said on Friday.
Ivan Monteiro, who had been appointed as Credit Suisse interim co-CEO with Chilov in January, will become chairman of the wealth and investment banking operations in the country, according to a statement.
Monteiro is a former CEO of state-controlled oil company Petrobras .
Chilov and Monteiro will report to Christian Meissner, investment bank and Americas CEO.
Chilov will continue to head wealth management in Latin America, reporting to Francesco De Ferrari, wealth management CEO.
Chilov and Monteiro will continue to be members of Credit Suisse Brasil's board, chaired by Ana Paula Pessoa.

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Reporting by Tatiana Bautzer; editing by David Goodman and Jason Neely

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Tatiana Bautzer is a U.S. banking correspondent at Reuters in New York. She previously covered banks in Brazil, breaking news on deals by major global corporations, initial public offerings and bankruptcies. She has also delved into corruption scandals at Brazilian conglomerates and business disputes between billionaires. Prior to joining Reuters in 2015, Bautzer worked for business magazines Exame and Istoe Dinheiro and newspapers Valor Economico and O Estado de S. Paulo. She previously served as international correspondent for Valor Economico in Washington, D.C., covering multilateral institutions and trade. Bautzer holds a B.A. in Journalism and an MBA from the University of Sao Paulo.

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