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Former Credit Suisse board member joins Shuaa

Shuaa Capital PSC, the investment bank controlled by Dubai's ruler, named former Credit Suisse board member Michael Philipp as chief executive officer, according to Bloomberg. He replaces Sameer Al Ansari. Before joining Shuaa as a board member on Oct. 2, Philipp was a member of the group executive board of Credit Suisse Group from 2005 to 2008

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