HSBC names Patrick Boumalham new global head of wealth sales

Reuters

Published Aug 08, 2022 10:31

Updated Aug 08, 2022 10:41

By Selena Li

HONG KONG (Reuters) - HSBC (LON:HSBA) has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by Reuters and confirmed by a company spokesperson.

He replaces Antony Shaw, HSBC’s global head of wealth sales who was named the CEO of HSBC Australia two weeks ago.

The move will expand Boumalham’s current responsibilities as head of wealth sales for Asia Pacific at the bank, and he will continue to be based in Singapore.

He will report to Allegra Berman, global head of institutional sales & co-head of securities services and to Sridhar Narayan, Head of Markets & Securities Services, ASEAN.