HSBC has hired a structured products veteran in Asia as its global head of ultra-high net worth solutions.
Irene HY Chen joins HSBC as its head of UHNW solutions within the investment and wealth solution (IWS) division of the wealth and personal banking (WPB) business, according to a statement, effective August 1.
Chen will be responsible for accelerating the delivery of HSBC’s global UHNW strategy, including the bank’s UHNW proposition, product coverage approach and client outcomes for the bank’s UHNW and institutional family office clients.
Based in Hong Kong, Chen reports to head of IWS EMEA (ex-U.K.) and Switzerland Karl Faivre.
Structured Products Vet
Chen has more than two decades of experience, most recently with Citi where she was its Asia head of cross-asset solutions. Previously, she also worked at Barclays Wealth and Investment Management, Credit Suisse and Commerzbank in senior structured product-related roles.
«We remain committed to growing our UHNW business across geographies, which remain a key strategic focus for the bank,» said global head of IWS Lavanya Chari.
