Paul Calello
Paul Calello | |
|---|---|
| Born | 14 February 1961 Boston, Massachusetts, U.S. |
| Died | 16 November 2010 (aged 49) Brooklyn, New York, U.S. |
| Occupation | Investment banker |
| Known for | Chairman and CEO of Credit Suisse Investment Banking division |
Paul Calello (February 14, 1961 – November 16, 2010) served as chairman and chief executive officer of the investment banking division at Credit Suisse Group.
A native of Boston, Calello completed his bachelor's degree at Villanova University in 1983 and earned an MBA from Columbia Business School in 1987. In recognition of his legacy, a professorship in Leadership and Ethics was later established in his name at Columbia. His early professional experience included positions at both the Federal Reserve Bank of Boston and the Federal Reserve Bank of New York before transitioning into the banking sector.
In 1990, Calello joined Credit Suisse as a member of a derivatives team that originated from Bankers Trust, playing a key role in founding Credit Suisse Financial Products. By 2002, he had been appointed chairman of Credit Suisse First Boston's operations across Asia, where he was instrumental in achieving substantial regional expansion. He returned to New York in 2007 to assume the role of global CEO for Credit Suisse's investment banking division. Following a diagnosis of non-Hodgkin lymphoma in 2009, Calello resigned as CEO but was appointed chairman ten months afterward.
Calello passed away at the age of 49 on November 16, 2010, at his residence in Brooklyn. He is survived by his wife and four children.
See also
- Paul Calello, Ex-CEO of Credit Suisse Investment Bank, Dies, The Wall Street Journal, November 16, 2010
- Requiem for a Banker, Max Abelson, The New York Observer, November 22, 2010