Chomnalez Exits, Vargas Returns to CS

Chomnalez Exits, Vargas Returns to CS

People Corporate & Sovereign Strategy

Pedro Chomnalez, chairman of LatAm investment banking at CS, is leaving the bank, according to people familiar with the matter. Chomnalez, who is also co-head of the bank’s Emerging Markets Council, is heard to be starting his own EM-focused buyside venture, although the exact date for his departure has not yet been set. His exit coincides with the return to CS of Javier Vargas, co-head of LatAm investment banking, a role in which he succeeded Chomnalez in 2011 and held until abruptly taking lea

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