HSBC Consolidates Middle East Securities Services Leadership

Jayant Rikhye becomes Head of HSBC Securities Services Middle East and North Africa, responsible for all the bank's HSS business lines. Jayant was previously Deputy Global Head of Institutional Fund Services and Head of Institutional Fund Services, Asia Pacific, having

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Jayant Rikhye becomes Head of HSBC Securities Services Middle East and North Africa, responsible for all the bank’s HSS business lines. Jayant was previously Deputy Global Head of Institutional Fund Services and Head of Institutional Fund Services, Asia-Pacific, having joined HSBC in India in 1989.

Arindam Das becomes Deputy Head of HSBC Securities Services Middle East and North Africa. Arindam also has specific responsibility for the Custody business in the region and joined HSBC in India in 1996.

Glyn Gibbs becomes Head of Business Development, HSBC Securities Services Middle East and North Africa. Glyn was previously working in Global Banking in London.

HSBC Securities Services has long regarded the Middle East & North Africa region as a critical part of its global client proposition,” said Tim Howell, Global Head of HSBC Securities Services. “Strengthening my senior management team at this time puts us in an excellent position to address the challenges and opportunities intrinsic in such a dynamic environment and a fast growing business”.

Securities Servicing covers the full range of activities around the administration and safekeeping of securities for investors. HSBC acts on behalf of local and international investors, institutions, money managers and funds, providing custody, sub-custody, servicing and administration across the region.

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