kai nargolwala

Indian regulators allow Credit Suisse to open a bank branch in Mumbai, enabling it to broaden its suite of products and services in the country.

The Swiss bank appoints Farid Ahmed Khan to head its equity research and sales platform, which the bank plans to grow into a full broker-dealer operation.

Osama Abbasi will transfer from London to take up the role of overseeing both equities and fixed income.

Currently a member of the Standard Chartered board, Kai Nargolwala will succeed Paul Calello in January 2008.