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Who's Moving Where In Wealth Management? – Credit Suisse

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The latest wealth management moves and appointments in the UK, rest of Europe, the Middle East and select international locations.

Credit Suisse Asset Management
Credit Suisse Asset Management has appointed Robert Rackind as new head of global real estate. He will be succeeding Raymond Rüttimann who is retiring at the end of the year.

Starting on 15 June, Rackind is joining the firm from EQT Real Estate, bringing nearly 30 years of experience in the sector. He joined EQT in 2015, where he was a partner, establishing the firm’s real estate platform, team, strategies and reporting, the firm said. Previously, he was founder and partner of the global real estate investment and development company Wainbridge. Prior to that, he was an investment manager and head of asset management at CPIM, and development director for Hines in Paris and London, the firm added.

Rackind, who will be based in Zurich, will report to Filippo Rima, head of investment at Credit Suisse Asset Management.

Welcoming him to the firm, Rima said: “With a consistent focus on European markets throughout his career, combined with deep experience across all aspects of value creation in direct and indirect markets, through several economic cycles, Robert Rackind’s experience and expertise will be invaluable as we look to build up our real estate business further across the region.”

Real estate is a key part of Credit Suisse Asset Management, which covers both direct and indirect real estate investment solutions, it said. The firm has assets under management of about SF40 billion ($41 billion) as of 31 March 2022.

Credit Suisse Group
Credit Suisse has appointed Can Sungurtekin as Turkey coverage relationship manager in the Middle East and Turkey team, based in its London office.

He will report to Amar Mir, managing director at Credit Suisse, UK, the firm said in a statement.

Can brings over ten years of banking experience across private banking, fixed income, FX and derivative sales in global markets, in London and Istanbul, the firm added. He is joining the firm from Citibank where he worked for ten years, most recently as Turkey coverage relationship manager.

The addition of Turkey coverage to the UK platform is a very positive development and initiative for both the Middle East and Turkey business area, as well as the entity, as we grow our business to the next level, the firm said.

Based in Zurich, the Credit Suisse Group is a global investment bank and financial services firm with SF1.512 trillion ($1.54 trillion) in assets under management as of 2020.