HSBC Securities Services (HSS) has hired Chris Edge as head of HSBC Securities Services Luxembourg with effect from September 22 2014.
Edge will be responsible for the HSS business in Luxembourg and leading its growth agenda. He will report to Arjun Bambawale, head of HSBC Securities Services, Europe and will join the executive committee of HSBC in Luxembourg led by Nigel Fielding, country CEO, Luxembourg.
"Luxembourg is a key growth market for HSS and we are very pleased to have Chris joining the team. His experience in the Luxembourg market and more broadly in the securities and funds business positions him well to drive our growth agenda in Luxembourg," said Bambawale.
Edge joins HSBC from Allfunds Bank International, where he was head of the Benelux business. He brings with him a wealth of experience in the securities and fund services industry having previously worked with JPMorgan as head of JPMorgan Bank Luxembourg. He also built the Chase Manhattan Bank Luxembourg business in the 1990s.
"I have been impressed with the drive of HSBC to re-establish HSS to a leadership position in Luxembourg, complementing its status as a leading global player. I am delighted to have an opportunity to play a leadership role in delivering to this strategy," sadi Edge.
- HSBC Securities Services Ireland appoints MD
- HSBC Securities Services appoints head
- European funds enjoy inflows of €41bn