Ayala poaches Credit Suisse Philippines head

Uy will help with mergers and acquisitions at the Philippine conglomerate, a source said. — Bloomberg

MANILA: Credit Suisse Group AG’s head of the Philippines Mark Robert Uy is leaving the bank and joining Ayala Corp in August.

Uy will help with mergers and acquisitions at the Philippine conglomerate, a person familiar with the matter said, asking not to be identified as the information isn’t public.