- Designation: Senior Advisor
Jose Isidro N. (Lito) Camacho is a Managing Director in the Asia Pacific Division of Credit Suisse, based in Singapore. He is also the Vice Chairman for Credit Suisse Asia Pacific.
Mr Camacho joined Credit Suisse in March 2005 after a distinguished career in government and international banking. He was appointed Secretary of Finance for the Philippines in 2001, a position he held until November 2003. As Secretary of Finance, Mr Camacho led the country’s economic team and supervised the fiscal and financial sectors.
Prior to that, Mr Camacho was the Secretary of Energy for the Philippines where he was credited with the successful passage of the country’s power sector reform legislation. He was also Chairman of Land Bank of the Philippines, Philippine Deposit Insurance Corporation, Trade Development and Investment Corporation (PhilExim), Home Guaranty Corporation, National Power Corporation (NPC), Power Sector Asset and Liability Management Corporation (PSALM), National Transmission Corporation (Transco), Privatization Council, Capital Market Development Council, and National Credit Council.
Prior to joining the government, Mr Camacho was a Managing Director and Chief Country Officer for the Philippines at Deutsche Bank, AG in Manila. Before Deutsche Bank, Mr. Camacho worked for Bankers Trust Company for over twenty years in New York, Japan, Hong Kong, Philippines and Singapore. His last position at Bankers Trust was Head of Investment Banking for Southeast Asia. Mr Camacho became a Managing Director at Bankers Trust in 1990 and obtained Partner status in 1996.
Mr Camacho is currently a Director of SymAsia Foundation (Singapore), a board member of the National Gallery Singapore, a Founding Member of Asia Peace and Reconciliation Council (Thailand), the Non-Executive Chairman of Sun Life of Canada (Philippines), a board member of Sun Life Grepa Financial Inc. (Philippines), Sun Life Malaysia Assurance Bhd, a Senior Advisor to The Boston Consulting Group (Singapore) and a Member of Asian Infrastructure Investment Bank’s International Advisory Panel (China). He was previously a board member of National Heritage Board of Singapore (2007-2013), member of the Securities Industry Council of Singapore (2010-2017), member of the Securities Commission Malaysia’s “ASEAN Capital Markets Forum – Group of Experts” (2007-2018) and a board member of Sun Life Malaysia Takaful Bhd (2013-2019). Mr Camacho was also formerly the Chief Executive Officer of Credit Suisse Singapore (2007-2016).
Mr Camacho obtained his Bachelor’s degree in mathematics (cum laude) from De La Salle University in 1975. He received his MBA with
concentration in Finance from Harvard University in 1979. On 2nd March 2017, Mr Camacho was awarded an Honorary Degree of Doctor of
Business Administration from Eastern Asia University, Thailand.