Mr Draper will start in his new role later this spring. He will be based in London and report to Oliver Schupp, head of beta strategies in asset management and co-head of the bank’s ETF steering committee.
Mr Draper joins Credit Suisse from Lyxor Asset Management, a division of Societe Generale, where he was managing director and global head of ETFs. Prior to joining Lyxor, he was the director of UK and Ireland business development at iShares, a division of Barclays Global Investors.
Mr Schupp said: “Mr Draper’s extensive experience over the past decade in the development and trading of ETFs will be invaluable as we continue to grow this business. Our ETF business is a true one bank collaboration, and together with our partners in the investment bank and private bank, we made significant strides in the expansion of our ETF platform in 2009.”
