Credit Suisse names Rawra head of clean tech banking for Canada – memo

The brand of Swiss financial institution Credit score Suisse is seen at a department workplace in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann

March 3 (Reuters) – Credit score Suisse (CSGN.S) has named Saad Rawra as its head of clean-energy expertise banking and Canadian head of diversified industries group to assist drive the Swiss financial institution’s rising international vitality tech franchise, in line with a memo seen by Reuters.

Rawra will probably be primarily based in Toronto and report back to Credit score Suisse Canada CEO Ron Lloyd and Robert Santangelo, the co-head of world vitality and infrastructure banking. Rawra returns to the Swiss financial institution after spending the previous three years with Nationwide Financial institution Monetary as the pinnacle of cleantech, the memo stated.

In his new position, Rawra will probably be accountable for advancing Credit score Suisse’s Canadian platform to assist drive its “quickly rising International Power Tech franchise,” in line with the memo.

He has labored on offers together with Brookfield’s $4.6 billion buy of Westinghouse and $13.2 billion buyout of Energy Options, in addition to Bombardier’s sale of its Aerostructures enterprise for $1.2 billion.

A Credit score Suisse spokesperson confirmed the content material of the memo.

Reporting by Shariq Khan in Bengaluru

: The Thomson Reuters Trust Principles.