Francesco de Ferrari

Managing Director
Head of Private Banking Asia Pacific and CEO Southeast Asia
Credit Suisse AG

IBF Distinguished Fellow (2016)

Wealth Management

"The ability of our industry to adapt to a changing environment and the quality of our human capital will be critical in contributing to Singapore’s continued success as a major global wealth management center. We all need to play an active role in supporting this mission."

Biography

Francesco de Ferrari is a Managing Director, Head of Private Banking Asia Pacific based in Singapore. He was appointed to the additional role as CEO Southeast Asia in November 2015.  

Under Francesco's leadership since 2012, Credit Suisse's Asian Private Banking business has sustained robust growth, generating CHF 80 billion of net new assets, and assets under management increasing by more than 70% to CHF 158 billion. (as at 30 June, 2016) 

With the number of Relationship Managers growing by more than 200 in five years, one of Francesco's key focuses is to continuously up-skill the talent base and develop new talent pipeline. This led to the establishment of the Credit Suisse Wealth Institute in Singapore in 2014, the bank's first such purpose-built regional training and competency facility in Asia Pacific, for both its employees and clients. 

Foreseeing how digitization is transforming the business landscape and consumer patterns, Francesco also pioneered the digitization of private banking in Asia. The bank's first Digital Private Banking platform was developed in Asia and launched in 2015 with Singapore as the first global roll-out location, followed by Hong Kong in 2016. 

During Francesco's leadership, Credit Suisse was twice named Best Private Bank – Asia by the Asian Private Banker. He was also conferred the title as Private Banker of the Year by the Asian Private Banker in 2015. 

Francesco joined Credit Suisse in 2002. Before taking on his present role in January 2012, he was the Chief Executive Officer of Credit Suisse Private Banking in Italy. Prior to that, he was the Chief Operating Officer for Private Banking Europe, Middle East and Africa (EMEA) region in Zurich and country Chief Operating Officer in Italy. 

Francesco started his professional career in 1990 and has worked in a number of blue chip companies such as Deloitte & Touche, Nestlé and McKinsey. Prior to joining Credit Suisse, Francesco founded and led three different entrepreneurial ventures.   

Francesco currently represents Credit Suisse on Singapore's Private Banking Industry Group ("PBIG") Executive Committee, co-chaired by the Monetary Authority of Singapore (MAS), and also leads a sub-committee focusing on enhancing competencies of wealth management talent in Singapore. 

Francesco takes an avid interest in philanthropy, he has helped managed his family's foundation and art museum in Milan and has also spent time working in Calcutta at the Missionaries of Charity with the late Mother Theresa in helping the destitute. 

Francesco holds a degree in Economics and International Business from the NYU Stern School of business and an MBA from INSEAD. He is married with five children.

Francesco was conferred the IBF Distinguished Fellow award in 2016. The IBF Distinguished Fellow is a significant role model who serves as a beacon of excellence for the financial industry.