(Reuters) - Barclays (LON:BARC) named Stephen Pick of Credit Suisse (SIX:CSGN) as the new head of its mergers and acquisitions (M&A) business in the Europe, the Middle East and Africa (EMEA) region on Monday.
Pick, who was previously managing director for EMEA M&A at Credit Suisse before the Swiss bank's merger with UBS, succeeds Pier Luigi Colizzi who has been named chairman of M&A for the region.
Insider Asim Mullick will take on the newly created role of M&A head for EMEA Financial Sponsors, the lender added.
Pick will be based in London and report to the region's investment banking head Tim Main and global M&A head Ihsan Essaid.
"He will bring to the Barclays franchise a wealth of knowledge and deep expertise in acting for large cap Corporates and Financial Sponsors that will be pivotal in helping the bank capitalise on the recovering M&A market," the British bank said in a statement.
The appointments come as mergers and acquisitions bounced back in the first quarter of the year after a tepid 2023.