Ex-Lehman Bros CFO joins Credit Suisse

Erin Callan will join Credit Suisse as head of its global hedge funds business. She was chief financial officer at Lehman Brothers until she was removed from the role in June, several days before the bank revealed it had made a $2.8 billion loss in the second quarter.

In her newly created position at Credit Suisse, Callan will lead the bank’s advisory and sales services for the hedge fund community. She will work closely with the business divisions that support the bank's hedge fund clients, including prime services, the financial institutions group and global markets solutions group.

Callan will also join the investment bank management committee and the global client steering committee. Her appointment is effective September 2, 2008 and she will be based in New York.

She had worked at Lehman Brothers for 13 years, where she held the role of head of the bank’s global hedge fund coverage group before taking the position as chief financial officer in September 2007.

See also:
Lehman Brothers expands Asia-Pacific corporate sales team
Lehman removes president and CFO as share plunge continues