Paul Calello (February 14, 1961 – November 16, 2010) was the chairman and CEO of the investment banking division of Credit Suisse Group.[1][2]

Callelo was born in Boston, and earned his undergraduate degree from Villanova University in 1983.[3] He received his MBA from Columbia Business School in 1987, where, in October 2010, the Paul Calello Professorship of Leadership and Ethics was endowed in his honor by former colleagues.[4]

He worked for the Federal Reserve in Boston and New York before starting his career in banking.[5]

Calello was part of a derivatives team from Bankers Trust who joined Credit Suisse in 1990 and was a member of the group that founded Credit Suisse Financial Products.[6] He was named chairman of Credit Suisse First Boston's Asian operations in 2002, and was widely credited for managing the bank's significant growth in the region. Leaving Hong Kong in 2007, Calello returned to New York to assume the role of global CEO of Credit Suisse's investment banking business.[7] After being diagnosed with non-Hodgkin lymphoma in 2009, he stepped down as CEO of the investment bank, but was appointed chairman ten months later.[5][8]

Calello died at the age of 49 on November 16, 2010, at his home in Brooklyn due to non-Hodgkin lymphoma.[2] He was survived by his wife and their four children.[1]

References

  1. ^ a b Lattman, Peter (November 17, 2010). "Paul Calello, Leader of a Credit Suisse Unit, Dies at 49". The New York Times. Retrieved November 17, 2010.
  2. ^ a b Harper, Christine (November 17, 2010). "Paul Calello, Credit Suisse Investment Bank Head, Dies at 49". Bloomberg News. Retrieved November 17, 2010.
  3. ^ "Paul Calello – Forbes". Forbes. Archived from the original on September 30, 2009.
  4. ^ "New Professorship and Research Fund Honor Paul Calello 87". Columbia Business School Alumni News. October 26, 2010. Archived from the original on November 29, 2010. Retrieved November 18, 2010.
  5. ^ a b Lucchetti, Aaron (November 17, 2010). "Paul Calello 1961–2010: Credit Suisse Banker Flourished in Critical Roles". The Wall Street Journal. Retrieved November 17, 2010.
  6. ^ Ovide, Shira (November 16, 2010). "Three Remembrances of Credit Suisse's Paul Calello". The Wall Street Journal. Retrieved November 17, 2010.
  7. ^ Hu, Bei (February 15, 2007). "Credit Suisse Promotes Calello After Success in Asia". Bloomberg News. Retrieved November 18, 2010.
  8. ^ Logutenkova, Elena; Kresge, Naomi (June 25, 2010). "Eric Varvel Named CEO of Credit Suisse's Investment Bank, Calello Chairman". Bloomberg News. Retrieved November 18, 2010.

See also

Categories