Michael Dryden has been appointed as global head of asset finance at Credit Suisse, according to Reuters.
Dryden, a managing director, took up the role last week, taking over when Jay Kim, the previous occupier of the position, was promoted to global head of structured products.
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In the role, Dryden will oversee consumer asset-backed securities, residential and commercial mortgage-backed securities, as well as esoteric and transportation ABS.
Dryden’s previous role of head of special solutions will be taken by Matt Gahr, a director based in London.
The move comes shortly after the appointment of Brian Chin to head of Credit Suisse’s global markets unit. Chin, the former co-head of credit and securitised products, also became a member of the executive board.
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