The International Swaps and Derivatives Association has appointed Credit SuisseâÂÂs most senior European credit banker to replace Jonathan Moulds, the head of Bank of AmericaâÂÂs international business, as its chairman.
Eraj Shirvani, head of European credit and Asia Pacific credit sales and trading at Credit Suisse, will take over the chairmanship of ISDA from tomorrow, replacing Moulds who had chaired the organisation for over three years.