The appointment is the latest in a string of moves for HSBC Securities Services as it increases its focus on the banks and broker-dealer segment.
The newly created role will involve leading Deutsche Bank's securities services strategy in the region, covering mainland China, Hong Kong and Taiwan.
Citi has recently gained a number of licenses from Chinese financial regulators that have enabled it to do business for foreign investors in the country.
Digital Asset looks to steam ahead after Blythe Masters, the former CEO and a long-time face of blockchain innovation, stepped down at the end of last year.
HSS's innovation function involved exploring new partnerships with FinTechs and researching the use of new technologies.
Paul Camp, CEO of treasury services, has been appointed to the executive committee, just six months after joining the world’s largest custodian.
The securities finance division was one of the worst performing business units for State Street in 2018.
The AIS division has fast emerged as a key strategy area for the bank’s fund administration business as it looks to target alternative investment managers.
The appointment for the newly-created role is part of GPP’s strategic expansion of its senior leadership team.
HSS provides a new look to its global management team following the appointment of its two new global head's in September.