Their appointments follow the decision taken by Jeremy Bennett, head of structuring, co-head of the European fixed-income department and co-head of the emerging markets group, to take a sabbatical, and a general reshuffle within the fixed-income department. Before, Nayak was responsible for building the Swiss bank’s structuring and origination platforms in Europe and the Americas, while Walker was in charge of building the bank’s trading operation in Europe across local markets, credit derivatives and bonds. Both report to Sudip Thakor, the new head of the global structuring group, and Jonathan McHardy, who is responsible for Credit Suisse’s insurance and tax business.
Meanwhile, at Deutsche Bank, Martin Hibbert is to take on a new role as head of bond origination for CEEMEA. Hibbert was formerly a managing director on the emerging markets syndicate desk.