Bangkok--Mar 11--SPARK Communications
Credit Suisse First Boston said today Jose Isidro N. (Lito) Camacho has joined the Firm as a Vice Chairman for CSFB in Non-Japan Asia. Based in Singapore, Mr. Camacho will report to CSFB Chairman and Chief Executive for the Asia Pacific region, Paul Calello.
Mr. Camacho was Secretary for the Department of Finance in the Philippines from June 2001 to November 2003. Before that, he held senior positions at Deutsche Bank A.G. and Bankers Trust Co. in the Philippines, Hong Kong, Tokyo, and Singapore.
Mr. Calello said he was pleased to welcome someone with Mr. Camacho’s vast private and public sector experience to CSFB. “Having had the opportunity to work with Lito during his time at Bankers Trust, I am pleased to be welcoming him to the Firm. Lito brings to CSFB a depth of knowledge and experience both from within government and investment banking.”
Mr. Camacho said he was excited about his new role. "As a former client of Credit Suisse First Boston, I have always been impressed with the Firm’s expertise and innovative approaches. The Firm has demonstrated that it has a strong focus on this region, and that the most senior levels of management are firmly committed to building CSFB’s franchise here.”
As Secretary of Finance in the Philippines, Mr. Camacho led the country's economic team and supervised the fiscal and financial sectors. Prior to that, Mr. Camacho was the Secretary of Energy for the Philippines, where he was credited with the successful passage of the country's power sector reform legislation.
In his role, Mr. Camacho will support Mr. Calello as a senior member of CSFB’s management in non-Japan Asia, involved across all of its business areas. In addition, as a member of the Firm’s Chairman’s Board, he will work with some of the Firm’s most semoor client-focused bankers across the globe. This Board dedicates its efforts to enhancing the Firm’s CEO-level relationships and delivering the entire Firm to clients. In this capacity, Mr. Camacho will report to Bayo Ogunlesi, the Executive Vice Chairman and Chief Client Officer of CSFB in New York. End.