Credit Suisse has appointed Myo Schollum as head of prime services coverage in Japan to strengthen its prime services franchise in the country.

Mr Schollum will be based in Tokyo. He will lead Credit Suisse’s efforts to increase its sales and marketing activities, including prime services sales, client services, consultancy services and capital introductions.

Mr Schollum will report regionally to Kevin Meehan, head of prime services coverage Asia Pacific, in Hong Kong and locally to Kyoya Okazawa, head of equities for Japan.

Mr Schollum was head of prime services coverage for Credit Suisse in Singapore. He joined the bank’s prime brokerage client services group in London in 2001 and moved to Hong Kong in 2005 as head of prime brokerage client service for Asia Pacific region. Before joining Credit Suisse, he worked for Deutsche Bank global custody in Sydney, Edinburgh and London.

Mr Meehan said: “Today’s appointment reflects the importance of Japan to our Asia Pacific Prime Services strategy. Myo’s wealth of experience and proven track record across the globe will be valuable to our hedge fund clients, particularly global managers investing in Japan. With his leadership, we will accelerate our efforts to strengthen our prime services franchise and deliver first class service to our clients in Japan.”