Zurich-based Credit Suisse is appointing Ana Paula Pessoa as its chair in Brazil, effective from January, it said in an emailed statement. Pessoa, who is a director on the Swiss bank’s board, is to replace Ilan Goldfajn, who is taking a top job at the International Monetary Fund under Kristalina Georgieva, according to a separate statement.
Formerly Brazil’s top central banker, Goldfajn joined Credit Suisse two years ago to underpin its investment banking ambitions. His exit comes shortly alongside that of long-standing country chief José Olympio Pereira earlier this year. Goldfajn is leading the search to replace Pereira.
Pessoa is a 54-year-old Brazilian former media executive who also sits on various corporate boards including Rupert Murdoch’s News Corporation and France’s Vinci Group. She said in a statement that she will help Credit Suisse «seek new opportunities and strengthen our local presence.»