Credit Suisse has further expanded its US asset management distribution team with the appointment of Ben Alibrandi as a director to its consultant relations team in the US. He will be based in New York and report to Richard Pustorino, head of the consultant relations team.

Mr Alibrandi joins Credit Suisse from Lehman Brothers, where he was senior vice-president on the consultant relations team. His duties there included maintaining active communication with the institutional consulting community and providing information on the organisation and its asset management capabilities.

Michael Baldinger, head of Americas distribution for asset management, said: "We are very pleased to have Ben joining Credit Suisse. We have a team of experienced sales and relationship managers here, and the addition of Ben to the team will help us bring our full capabilities to bear for our clients in this important market."