Credit Suisse AG announced on October 7 the appointment of Mark Uy as head of Philippines coverage in its Asia-Pacific Investment Banking and Capital Markets (IBCM) department.
According to a statement by the financial services company Uy will be based in Manila and be responsible for driving the growth of Credit Suisse’s IBCM business in the
“This includes broadening the bank’s relationships with entrepreneurs and corporate clients in the market, as well as delivering the full range of Credit Suisse’s integrated investment banking and wealth management offering, in line with its ambition to be the bank for entrepreneurs in Asia-Pacific.”
Credit Suisse said Uy brings over 12 years of investment banking experience to Credit Suisse. He was previously an Executive Director with JPMorgan, holding various senior investment banking roles in their US, the Philippines and Singapore offices. Uy holds a Bachelor’s degree in Management Engineering from the Ateneo de Manila University.
As a leading financial advisor in the Philippines since 1992, Credit Suisse has advised on numerous landmark and innovative transactions in the country over the years.
Most recently, Credit Suisse acted as Joint Bookrunner on the $285-million (post-greenshoe) listing of AllHome Corp., the largest Philippines initial public offering since 2016.
The bank has also led a number of international bond transactions in the Philippines in 2019 year to date. These includes the $1.5-billion 10-year and €750-million eight-year global notes offerings for the Republic of the Philippines, marking Credit Suisse’s 19th and 20th bond offerings led for this issuer since 2004 and the $300-million five-year senior green bond and a CHF100 million two-year senior green bond for the Bank of the Philippine Islands, the latter being the first-ever public CHF benchmark bond out of the Philippines and the first-ever rated Philippine green bond in the international capital markets. The transactions also include the $500-million of senior perpetual capital securities and $300-million tap for SMC Global Power Holdings Corp.