Eric Varvel

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Eric Varvel is the chairman of Investment Banking and Capital Markets of Credit Suisse. He also serves as president and CEO of Credit Suisse Holdings (USA). He has served as a member of the firm’s executive board since 2008.

Previously he was a managing director of Credit Suisse in the international wealth management division based in New York. He was global head of asset management. He was chairman of the emerging markets and sovereign wealth funds, and he served as a member of the executive board. He also led the investment banking division and was CEO Asia Pacific and CEO Europe, Middle East and Africa. He is a member of the board of directors of the Qatar Exchange.

Varvel graduated from Brigham Young University with a bachelor’s degree in management with an emphasis in finance. Since 2005 he has served on the National Advisory Council of the Marriott School of Business.

He and his wife, Shauna, are the parents of five children.

Varvel grew up in Dallas, Texas. He is a member of The Church of Jesus Christ of Latter-day Saints. He served a mission to Fukuoka, Japan, for the Church. In a 2016 graduation address for the BYU Marriott School, he said:

We have five wonderful children, and we have had a very exciting, completely unexpected, life together. We have moved eight times and lived in five different countries. We started in New York; went to Tokyo; went to Singapore; lived in Jakarta, Indonesia; moved back to Singapore; back to New York; lived in London; and now are back in New York where we have been for the last five years.
I have had the privilege of working at Credit Suisse in several roles, including CEO of the Investment Bank, executive board member, chairman of the Investment Committee, CEO of Asia Pacific, and CEO of Europe, Middle East, and Africa.
I can trace all of these experiences back to my mission. No mission, no BYU. No BYU, no Shauna. No Shauna, no family (we wouldn’t have three graduates here). And no BYU, no interesting career. For me, staying on track, working hard, and taking advantage of opportunities as they came available made the difference. [1]