Credit Suisse investment chief departs
Credit Suisse Asset Management (Australia) chief investment officer Tim Ryan has resigned, citing personal reasons for his sudden departure.
Ryan will formally leave in June but will remain with the group for the next three months to help in the transition process.
Robert Mann, who is currently deputy CIO, and head of fixed interest, will replace Ryan in the top investment position and retain his current role in fixed interest.
Mann has been with the Credit Suisse Group for 15 years and has held the deputy role since 1997.
He will also be the head of the investment committee, and be responsible for asset allocation.
In other company promotions, Craig McCourtie will become head of Australian equities after holding the deputy's role since 1996.
McCourtie will be responsible for equity strategy in addition to his sector and portfolio management responsibilities. Richard Kornman has also been internally promoted to deputy head of Australian equities.
Russell Bye, head of international equities and McCourtie, will join Robert Mann and Lindsay Gibson on the investment committee.
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