The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Veteran joins creditex

John Chalsty might at first seem a strange choice to be creditex's new adviser to its board. The veteran banker spent most of his career at DLJ, starting in investment research before becoming head of investment banking and then CEO.


In the four years leading up to the firm's acquisition last autumn by Credit Suisse First Boston, where he is now a senior advisor, Chalsty was DLJ's chairman.


But creditex wants his extensive knowledge of financial markets rather than credit derivatives. "I'm to be a general advisor," says Chalsty. "And to help them navigate around the industry."


The New York City Investment Fund provided the introduction between Chalsty and creditex co-CEOs John McEvoy and Sunil Hirani.


The fund, set up to invest in new companies in the region, is chaired by Henry Kravis of buyout firm KKR and took a stake in creditex when it set up in 1999. Chalsty is also involved in the fund.


But the introduction didn't happen for more than a year. "I actually met [McEvoy and Hirani] at a display of fund investments held at Chase's headquarters a couple of months back," Chalsty says.






You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree