HSBC makes senior appointments in Hong Kong, Taiwan
04 September 2012
Category: News, Asia, Hong Kong
HSBC’s global banking and markets division has made a series of senior executives hires for its Asia Pacific equities and prime services units. The firm says the senior appointments are a response to client demands for a highly rated counterparty with a strong market presence.
The firm has appointed three new senior executives to the banks Asia Pacific prime services team.
Jean-Paul Linschoten joins HSBC as a director in prime services sales. The Hong-Kong based role sees Mr. Linschoten reporting to Matt Kiraly, head of prime services sales for Asia Pacific. Mr. Linschoten, previously based at UBS in New York, was responsible for global delta one marketing, structuring and business development.
David Streatfield has been appointed as a director in equity finance delta one sales, based in Hong Kong. Mr. Streatfield was formerly a director in delta one, synthetics, swaps and stock lending sales at Deutsche Bank in London.
Adrian Harrison will be joining HSBC as a director in prime services sales, based in Hong Kong. Mr. Harrsion was previously head of investor relations at Keywise Capital Management also located in Hong Kong.
In equities, the Asia Pacific team sees the appointment of five new senior executives.
Tim Franks has become head of hedge funds sales. Based in Hong Kong, Mr. Franks will be reporting to Brad Schwartz, head of equity sales, Hong Kong. Mr. Franks was formerly a managing director and head of hedge fund sales at Bank of China International.
Jeffrey Tan has been appointed as a director in equity sales, based in Hong Kong, also reporting to Mr. Schwartz. Mr. Tan joins HSBC from Nomura International in Hong Kong, where he worked as an executive director in Hong Kong and China sales.
Eric Ang joins as director in equity sales trading, also based in Hong Kong. In his new role Mr. Ang will be reporting to Jefferson Saunders, head of sales trading and customised execution services for Asia Pacific. Mr. Ang previously worked at Samsung Securities, where he covered Hong Kong and China equity trading, as well as regional markets.
Meanwhile in Taiwan, Steve Lee, chief executive officer at HSBC Jintrust Fund Management, is set to replace Peiyu Lee as CEO of HSBC Global Asset Management (Taiwan), according to a report from the Commercial Times on Tuesday (September 4).
Former HSBC Global Asset Management (Taiwan) CEO Andrew Chen stepped down from his position in late July. Peiyu Lee, the firm’s COO at that time, temporarily took over Mr. Chen’s position as acting CEO. Prior to joining HSBC Jintrust Fund Management, a joint venture between HSBC Global Asset Management and Shanxi Trust & Investment Corporation Ltd, Steve Lee held various senior positions at HSBC Global Asset Management, JP Morgan Asset Management, and Jardine Fleming Asset Management (Taiwan).