The head of distribution for asset management products for Credit Suisse in Australia and New Zealand, Filo Sedillo, has been appointed as the company's head of asset management in Australia.

Sedillo, a former head of alternative investments at Citigroup, joined Credit Suisse in 2007.

Credit Suisse's head of asset management in the Asia Pacific, Salman Shoaib, said Sedillo's appointment reflected the company's continued commitment to its asset management business in Australia following the sale of the Australian traditional equity and fixed income asset management business to Aberdeen Asset Management.

Sedillo said the primary objective was to deliver a customised suite of domestic and global alternative investment solutions and services.

"We have a successful Australian-based credit and real estate securities asset management business, as well as a world-class global alternative investment platform to draw from," he said.