Credit Suisse Bahrain will focus on serving wealthy individuals, families and corporations, who are increasingly demanding a sophisticated approach in terms of asset allocation, as well as seeking access to a global platform for specialized financial services and products.
Credit Suisse was granted an investment firm license by the Central Bank of Bahrain (CBB) in September 2008.
Bruno Daher, co-CEO of Credit Suisse in the Middle East, said: The opening of our office in Bahrain clearly reflects our commitment to long-standing client relationships in the country. We are pleased to have Mr Salah on board to head our local operations.
Bassam Yammine, Co-CEO of Credit Suisse in the Middle East, said: The Bahrain office complements our existing operations in the Middle East and strengthens our integrated banking franchise across the region.
Mr Salah said: Bahrain is a fast growing market in the Middle East. Credit Suisses global banking expertise coupled with local knowledge allows us to deliver a unique offering to our clients who have increasingly sophisticated needs.