In his new role, Murray will provide Credit Suisse’s corporate, institutional and private clients in Australia and Asia Pacific with the benefit of his industry insight.

Murray brings to Credit Suisse over 40 years of experience in the Australian banking and financial services sectors and considerable knowledge of financial markets. He spent 39 years at the Commonwealth Bank of Australia, including in the role of CEO from 1992 until 2005.

Credit Suisse Australia CEO David Livingstone said they are thrilled that a senior banker of David’s calibre is joining Credit Suisse. The knowledge and insight he brings is unrivalled in this market and they are pleased to provide their clients with the benefit of his expertise.

"This important new hire reinforces Australia’s position as a priority market for Credit Suisse, and one where we see significant opportunities for growth," added Livingstone.