HSBC has appointed Melvyn Ford as head of Prime Services in Asia. Ford joined the firm in 2010 to lead global relationship management for hedge funds in Asia, and previously led Prime Services divisions at Bank of America Merrill Lynch and Deutsche Bank.
Based in Hong Kong, Ford will be responsible for expanding Prime Services operations in the region.
Prime Services is a key initiative for HSBC, and with the strategic importance of the Asian market, we are keen to ensure we have a high quality team in place, says Paul Hamill, global head of Prime Services. Melvyn is an important part of this and we are delighted that he has taken on the responsibility of ensuring the ongoing success of the business.
HSBCs Prime Services division was launched in Asia last year to service hedge funds establishing presences in the region.
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