Credit Suisse has appointed Alex Langen, formerly of EFG, as a director and relationship manager at its private banking division.

At EFG, where he was based in London and spent nine years, Langen specialised in serving clients in Southern and Eastern Africa. In his new position at Credit Suisse, he will remain based in London and report to Reed Laughlin, a director in the firm's private banking business.

In other recent news about the private bank, last month it announced it was opening a family office hub in Asia, and appointed Bernard Fung as head of family office services in Singapore. The new service is intended to provide advice, infrastructure and access for ultra high net worth clients to help them jump-start their family office plans.