HSBC continues its shift towards an even greater focus on Asia as its growth market with the promotion of its APAC head of wealth sales to a global role, finews.asia has learned.
HSBC appoints Patrick Boumalham as its global head of wealth sales, according to an internal memo seen by finews.asia, effective September 1. Based in Singapore, Boumalham reports to global head of institutional sales & co-head of securities services Allegra Berman and ASEAN head of markets & securities services Sridhar Narayan.
This marks an expanded role as Boumalham retains his existing responsibilities as head of wealth sales for Asia Pacific.
Institutional Sales
In addition, the bank has also appointed Wan Sze Loh as APAC head of institutional sales, effective September 1. Based in Hong Kong, Loh reports to Berman and Monish Tahilramani, global head of emerging markets, Japan & Australia, markets & securities services.
Loh has 27 years of banking experience and joined HSBC in 2017. She was most recently the British lender’s APAC co-head of credit sales.
A spokesperson for the bank confirmed the contents of the memo.
