Shad Quraishi was appointed vice chairman and head of business development and strategy for NewOak Capital's integrated advisory, asset management and capital markets businesses.
Quraishi was joint head of UBS' distressed real estate workout group in 2008 and was responsible for the distribution and structured solutions for more than $80 billion of distressed assets in subprime, ALT-A, collateralized debt obligations and esoteric assets. Prior to that, he was global head of asset-backed finance and warehousing focused on mortgage and non-mortgage assets. He co-ran the U.S., European and Asian asset-backed finance units, managing a 100-plus person team.
Credit Suisse Group appointed Tee Fong Seng as vice chairman and head of ultra high net worth for private banking, Asia-Pacific, effective Aug. 1. Based in Singapore, he will report to Marcel Kreis, head of private banking, Asia-Pacific.
Seng (pictured) was most recently the head of wealth management for Southeast Asia and deputy branch manager, UBS Singapore.
Check The Deal Pipeline for updates on these Movers & shakers:
- Oppenheimer & Co. hired Daniel Ponder as a managing director of high-yield sales.
- Capula Investment Management LLP hired Angel Serrat, former global head of research for J.P. Morgan Global Proprietary Trading.
- Leerink Swann LLC tapped Citigroup Inc.'s Jed Cohen as a managing director, investment banking.
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