HSBC Holdings named Melvyn Ford as head of prime services in Asia on May 10, 2012.
Ford, who has spent 17 years in Asia, joined HSBC in 2010 to lead the global relationship management function for hedge funds in the region. Previously, he worked for prime services units at Bank of America Merrill Lynch and Deutsche Bank AG. -HedgeWorld Daily News
HSBC Holdings announced that it has named Alexi Chan as head of debt capital markets origination for Asia, effective immediately.
Chan, who currently focuses on South and South-East Asia, will oversee 15 markets across Asia.
Chan will replace Rod Sykes, who is moving on to oversee HSBC’s commercial banking clients in the Asia- Pacific region. -Global Banking News
HSBC Holdings has announced that it has appointed Stuart Milne as its chief executive officer for India, effective April 1, 2012.
Milne succeeds Stuart A. Davis, who is moving to a new position within the organization.
Milne was most recently the firm’s country manager for Japan. -Global Banking News
HSBC Holdings has announced that Andrew Dell has been named as CEO for South Africa.
Dell will also be responsible for the bank’s businesses in sub-Saharan Africa and will remain as head of debt capital markets in Central Eastern Europe, Middle East and Africa. -Global Banking News
HSBC Holdings has appointed Kanchana G. Hewavitharana as chief financial officer for HSBC Sri Lanka and Maldives and Michael J. F. Hung as chief risk officer for HSBC Sri Lanka and Maldives.
Both Kanchana and Michael arrived to the country from overseas postings in HSBC Hong Kong and Vietnam, respectively.
HSBC Holdings has announced that it has named Jose Mosquera as head of European financial credit trading.
In his new role, Mosquera will be based in London and will report to Asif Godall, head of European credit trading.
Mosquera has previously worked with Barclays Capital and UBS AG. -Global Banking News
HSBC has appointed Vineet Vohra as regional head of wealth development, Asia Pacific, effective immediately.
Based in Hong Kong, Vohra will drive the delivery of the bank’s wealth management strategy by leading the build out of its wealth management capabilities in Asia.
Prior to joining HSBC, Vohra was the general manager, wealth management, private bank, retail banking and wealth management, Asia Pacific, for ANZ Singapore, where he built the private and affluent platform across the region. He has also served in a number of leadership roles at Citibank and ING in Singapore and India. -Hedgeweek
HSBC Holdings announced that Annemarie Ganatra has been appointed as global head of medium term notes (MTN) and structured notes. She will be based in London.
Ganatra joined HSBC in 1997 and previously ran the MTN teams in Hong Kong and New York.
HSBC Holdings has appointed Stuart A. Levey, 48, as a group managing director, effective January 18, 2012.
Levey will also join the group management board. -Regulatory News Service
HSBC Holdings has announced that it has named Alan Park as head of project finance metals and mining for Asia Pacific.
Park joins from Rothschild in London where he was head of project finance for natural resources. -Global Banking News
Mark Watkinson has been appointed HSBC Holdings’ new CEO in Malta, subject to regulatory approval.
Watkinson has been with HSBC Holdings for the past 26 years. -Global Banking News
HSBC Holdings announced the appointment of Henry Hou as HSBC’s head of energy solutions sales, Greater China, global markets.
Based in Hong Kong, Hou is responsible for leading sales of energy risk management products to corporate clients in mainland China, Hong Kong, Macau and Taiwan, as well as Vietnam. He will work closely with HSBC’s global products and relationship teams to deliver holistic energy risk solutions for clients across the region.
Hou reports jointly to Ivan Wong, managing director, head of corporate sales, Greater China, global markets and Hossein Zaimi, managing director, head of FX and commodities, Asia-Pacific, global markets.
Prior to joining HSBC, Hou was head of energy marketing for Greater China at Morgan Stanley, where he worked for over eight years. Before that, he served in a number of roles at China’s state administration of foreign exchange for 11 years.
HSBC Holdings’s Antonio Simoes, group head of strategy and planning, has been appointed to the new position of head of retail banking and wealth management, Europe.
John Flint, CEO of HSBC Global Asset Management, has been appointed as chief of staff to the group CEO and group head of strategy and planning, replacing Simones.
Sridhar Chandrasekharan, global head of wholesale at HSBC Global Asset Management, has been appointed as CEO of HSBC Global Asset Management, replacing Flint.
All three appointments are effective from January 1, 2012, subject to board and regulatory approval.
HSBC Holdings appointed Irene Dorner, group general manager, president and CEO of HSBC Bank USA, N.A., to group general manager, president and CEO of HSBC USA, effective November 1, 2011, and subject to regulatory approvals.
Dorner will be responsible for the HSBC Bank and HSBC Finance businesses in the United States. She will report to HSBC Group CEO Stuart Gulliver. -SEC Filing
HSBC Holdings announced that it has appointed Antonio Losada as group general manager and CEO of Latin America and the Caribbean, effective from 1 February 2012 and subject to regulatory approvals .
Losada will replace Emilson Alonso, the current group managing director and CEO of Latin America and the Caribbean.
Losada is the current group general manager and CEO of HSBC Bank Argentina. -Regulatory News Service
HSBC Holdings has named Diana Cesar as head of retail banking and wealth management in Hong Kong, effective September 1, 2011.
In her new role, Cesar will also be responsible for marketing in Hong Kong.
Cesar, who joined the bank in 1999, has previously served as head of marketing and customer propositions in Asia. -Global Banking News
HSBC Holdings has expanded the role of Simon Constantinides, head of trade and supply chain Asia-Pacific (ex Greater China), with a new role as regional head of trade and supply chain Asia-Pacific.
Constantinides will have additional responsibility for overseeing HSBC’s trade and supply chain operations in mainland China, Macau and Taiwan.
In addition, Terence Chiu was appointed head of trade and supply chain for Hong Kong. He replaces Christopher Lewis, who will relocate to New York to head HSBC’s North American trade and supply chain business.
HSBC Holdings announced the appointment of Krishna Patel as chief executive of global private banking. He succeeds Chris Meares.
Patel, currently CEO of HSBC Africa and one of HSBC’s most experienced executives, will start his new role on Sept 1. In his new position, he will focus on strengthening HSBC’s competitive advantages in the wealth markets, working with other HSBC businesses to ensure the delivery of the bank’s full suite of products to private banking clients. He will also continue to chair HSBC’s values committee and take up the new role of chairman of HSBC Africa. He will initially be based in Geneva, Switzerland, and will report to HSBC Group chief executive Stuart Gulliver.
Patel has been with HSBC for 27 years, serving in a number of senior positions. He has previously been chairman and chief executive of HSBC’s global investment banking division and chairman of emerging Europe and Africa. -Business Daily Update
HSBC Holdings has also appointed Tim Evans as head of trade and supply chain, for the Middle East and North Africa.
Most recently regional chief operating officer of the company’s commercial banking business in the region, Evans has previously held senior roles in trade in the US and Hong Kong.
HSBC announced that Simon Williams has joined as group head of wealth management, effective 11 July 2011.
Williams, who will be based in Hong Kong, will be responsible for leading the development of retail wealth management business capabilities in key markets for the HSBC Group. He will report to Paul Thurston, HSBC’s chief executive, retail banking and wealth management (RBWM).
Williams joins HSBC from Camelot Financial Capital Management which he founded in 2007.
HSBC Holdings has appointed Nilantha Bastian as head of retail banking and wealth management, effective June 20.
Bastian succeeds Sarit G Wijeyekoon, who has taken up an overseas posting as head of retail risk/personal financial services audit for HSBC Asia Pacific.
Bastian began his banking career at HSBC in 1998 as department manager, product development and marketing. He has held several senior management positions including roles in marketing, retail banking, group communications and corporate sustainability.
The division responsible for hedge funds, private equity and real estate offerings across the HSBC Holdings has appointed Simon Jennings as managing director, head of private equity.
Most recently, Jennings co-founded and ran the private equity business at UBS Wealth Management.
HSBC Holdings announced that it has named Diane Reyes as global head of payments and cash management (PCM), a part of its global transaction banking (GTB) platform.
Reyes will start in the newly created role in September 2011, and be based in New York, reporting to John Coverdale, group general manager and head of global transaction banking.
Reyes, who has over 30 years of experience, was previously with Citi, where she managed sales for treasury & trade services, and then became global head of GTS power, energy, chemicals, metals & mining. Since 2009, she has been global head of payments for global transaction services (GTS). -Global Banking News
HSBC Holdings has also appointed Christopher Harrocks as CEO of its Peruvian unit. -Business News Americas – English
HSBC Holdings has appointed Richard E.T. Bennett, 59, group general counsel, as a group managing director, effective May 3, 2011.
Bennett will continue to report to Stuart Gulliver, group chief executive, and joins the group management board. He has been group general counsel since January 1, 2010. -SEC Filing
HSBC Holdings has also appointed Noel McNamara as the new chief executive officer for New Zealand, effective September 1, 2011. He will succeed current New Zealand CEO David Griffiths.
McNamara is currently head of commercial banking for HSBC Bank Australia. -ENP Newswire
HSBC Holdings has named Fiona Sheerin to the African team within its private banking division, as part of expanding its business in the Sub Saharan region.
In her role as associate director, Sheerin will be based in London and will focus primarily on Nigeria and Ghana. She will report to John Lee, director West Africa.
Sheerin was most recently with Barclays Wealth, where she was assistant vice president, private banker, focusing on the African market. Previously she has worked as a wealth manager with HSBC International Wealth Management in Johannesburg. -Global Banking News
HSBC Holdings has named Noel Quinn as regional head of commercial banking in Asia Pacific, effective April 1, 2011. He will relocate to Hong Kong.
Quinn, who has been with HSBC for nearly 23 years, is currently head of the bank’s UK commercial banking business, after he was named group general manager in June 2010. -Global Banking News
HSBC Holdings has announced that it has named Mark Stadler as global market head of its private bank in the Middle East and North Africa.
Stradler was previously co-head of the bank’s financial institutions group. -Global Banking News
HSBC Holdings announced the appointment of Samir Assaf as chief executive of its global banking and markets business, effective January 1, 2011. He succeeds Stuart Gulliver who becomes group chief executive.
Assaf, currently head of global markets, will report to Gulliver and becomes a group managing director, joining company’s group management board.
The company also announced that Robin Phillips, who heads some of HSBC’s client relationships, will become co-head of global banking, which will now incorporate equity capital markets, leveraged & acquisition finance and project finance execution.
Phillips will also have responsibility for key global banking and markets strategic initiatives, including managing a family office partnership with global private banking, cooperating with commercial banking to broaden relationships with the commercial banking client base, developing global banking and markets infrastructure offering and commodity financing capability, and also chairing the global banking and markets operating committee in Assaf’s absence.
Kevin Adeson will join Phillips as co-head of the enlarged global banking platform. He is currently head of global capital financing.
Jose-Luis Guerrero and Spencer Lake will become co-heads of an expanded business which will now also incorporate primary responsibility for debt capital markets and asset and structured finance.
Guerrero is currently head of global markets, EMEA and was previously head of global markets for the Americas.
Lake is currently head of debt capital markets. -Regulatory News Service
HSBC Holdings has announced that Paul Thurston will be appointed chief executive, retail banking and wealth management, effective March 1, 2011.
In this new role, Thurston will be responsible for directing all aspects of HSBC’s retail banking business globally, including the personal financial services and insurance businesses, and the group’s marketing activities. He will lead the development of HSBC’s retail wealth management business across the group and will also direct the transformation of retail operations and technology platforms. He will report to Stuart Gulliver, group chief executive designate.
Thurston will relocate to Hong Kong and remains a member of the group management board and a director of HSBC Bank. Subject to regulatory approvals, he will also become a director of The Hongkong and Shanghai Banking Corporation, and of HSBC Private Banking Holdings (Suisse).
Brian Robertson, currently group chief risk officer, has been appointed chief executive, HSBC Bank, effective December 3, 2010, and subject to UK board and regulatory approvals.
Reporting to Gulliver as a member of the group management board, Robertson will be responsible for all of the group’s businesses in the United Kingdom and Continental Europe. He will become a director of HSBC Bank, and will also report to Sandy Flockhart, chairman, HSBC Bank. He will also become a director and chairman of HSBC Life (UK).
Joe Garner has been appointed deputy chief executive, UK and will become a director of HSBC Bank, effective December 1, 2010, and subject to UK board and regulatory approvals.
Reporting to Robertson, Garner will head up the personal financial services and commercial banking businesses in the UK.
Marc Moses has been appointed group chief risk officer, HSBC Holdings, effective December 3, 2010. He succeeds Robertson.
Reporting directly to Gulliver, Moses will also be appointed a group managing director and will join the group management board. He will be responsible for risk and compliance. -Regulatory News Service
HSBC Holdings has appointed Jennifer Craig as the first Scottish business development manager for the bank’s equipment finance, covering all of Scotland.
Craig will be tasked with growing the asset finance book in Scotland, working with clients and prospects to develop this area of the business.
Craig joins HSBC with more than 10 years of banking experience, most recently as partner in asset finance for Clydesdale Bank.
HSBC Holdings announced that it has added two directors to its Middle East and North Africa (MENA) team.
The bank has appointed Anthony Hingley and Hicham Najem as directors of its investment advisory group. They would be based in London and would report to Bassem Snaije, head of the MENA team in London.
Hingley previously was with the bank as an associate director and investment advisor in Doha.
Najem comes from Tactical Global Management, where he was a portfolio manager. -Global Banking News
HSBC Holdings has announced that it has named private heads for Asia and Europe, the Middle East and Africa.
Alexandre Zeller has been named CEO for private banking in Europe, Middle East and Africa.
Desmond Liu has been named head of private banking for North Asia.
Nancie Dupier will become head of private banking in South-East Asia. Liu and Dupier will replace Monica Wong. -Global Banking News
HSBC Holdings has named Sarah Legg as the new chief financial officer for its Asia-Pacific operations.
Working as chief accounting officer for Hongkong & Shanghai Banking Corporation since September 2006, Legg will take up her new role on December 3, 2010. She replaces Iain Mackay, who has been promoted to group finance director.
Legg joined HSBC in 1991 and has mostly worked in the bank’s UK operations. -Global Banking News
HSBC Holdings has appointed Rozanne De Almeida as the new head of trade and supply chain, effective September 2010. She succeeds Eraj Wimalasuriya, who headed HSBC’s trade business since July 2006, and recently moved to HSBC in the UK.
De Almeida will guiding the trade and supply chain business, combining international standards with local expertise to provide the best proposition to the local trade finance market.
HSBC Holdings has appointed Stuart Gulliver as the bank’s chief executive. He replaces Michael Geoghegan.
Gulliver is formerly head of the group’s investment bank. -Agence France Presse (English)
HSBC Holdings appointed John Li as chief executive of the Taiwan operations.
Li will be responsible for the development of the bank’s consumer finance business.
HSBC Holdings has appointed Doug Baikie as its new head of corporate banking in Scotland. He succeeds Irene Grant, who will become senior vice-president of corporate banking in California, managing teams in Los Angeles and San Francisco.
Baikie has 14 years’ experience in corporate and commercial banking. He most recently served as a global relationship manager. -Aberdeen Press and Journal
HSBC announced that the Huseyin Ozkaya, head of HSBC Turkey global banking, has been appointed a new chief at HSBC division in Russia. He replaces interim CEO Robert Francis Carver.
Ozkaya will report to vice head of HSBC Continental Europe Anthony Michael Mahoney.
HSBC announced that Ben Katz has joined the company as head of financial investment- grade debt markets for the U.S. He will be based in New York and report to Rob Gelnaw, HSBC’s head of debt capital markets for North America.
Katz, who will oversee debt origination for U.S. institutions, will also co-head HSBC’s financing solutions group for the Americas with Matt Riez.
Katz previously was with Deutsche Bank.
HSBC announced that Helen Wong had been appointed as president and chief executive of its China operations. She replaces Richard Yorke.
Wong has been deputy chief executive of HSBC Bank (China) since September 2009. She is also an executive director of the board of HSBC Bank (China), and has been with the group since 1992. -South China Morning Post
HSBC has appointed Mohammad Al Tuwaijri as the new head of its global banking and markets division for the Middle East and North Africa.
Al Tuwaijri, a Saudi national, will focus on key markets in Saudi Arabia, Egypt and Abu Dhabi.
Al Tuwaijri joins HSBC from JP Morgan, where he was managing director and head of Saudi Arabia for the bank. Prior to that, he was treasurer at SABB, HSBC’s affiliate in the kingdom.
