HSBC Securities Services, EMEA (HSS EMEA) has appointed Alan Davies as Senior Manager, Trustee and Depositary Services – Derivatives and Risk. Davies was previously the Head of Risk Management UK with HSBC Investments and brings extensive risk management and derivatives expertise to his new role.
HSS EMEA has also appointed Jackie Freeman as Senior Trustee and Depositary Manager – Account and Product Development. Freeman has worked in the banking sector for over 20 years, most recently as a Senior Relationship Manager in the funds sector with HSS EMEA.
HSBC Securities Services’ global assets under custody were reported as USD3.88 trillion at 30 June 2006. Global assets under administration totaled USD 954.4 billion at 30 June 2006.
“We are delighted to have made these appointments and to further strengthen our Trustee and Depositary Services business. Alan Davies and Jackie Freeman have been operating at a senior level for a number of years and they will both help us to enhance our service to existing and future clients,” says John Cargill, Head of the Trustee and Depositary Services business in HSS EMEA.