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HSBC AM announces senior appointments in North Asia

HSBC’s asset management business has made some organizational changes and announced executive appointments in its North Asia business.

appointed HSBC Asset Management Masayuki Kaneko the statement shows that he serves as director of institutional sales for North Asia, in addition to his current role as CEO of HSBC Asset Management (Japan). He succeeds Brenda Wong who will leave the company for personal reasons. Based in Japan, he reports locally to the President and CEO of HSBC Japan Edward Tygodnia and functionally CEO of HSBC Asset Management in the APAC region Daisy Ho.

In the expanded role, Kaneko will lead the institutional sales team in North Asia, with a focus on Hong Kong, Mainland China, Taiwan, Korea and Japan. He joined HSBC Japan in 2013 as deputy head of global banking in Japan and in 2020 was appointed CEO of its Japan asset management unit.

Hong Kong’s new role

In Hong Kong, a new CEO position has been created for HSBC Global Asset Management (Hong Kong) to enable Ho to focus on his role as CEO in the APAC region. The selection process is ongoing Jasmine Hung has been appointed acting CEO for the time being. Hung will report functionally to Ho and will serve as CEO and head of wealth and personal banking in Hong Kong Maggie Ng on a subjective basis.

Hung currently leads the pensions strategic partnerships team at HSBC Global Asset Management (Hong Kong), after joining the asset manager in 2017 to lead the city’s private bank sales team.

Exit from Taiwan

Finally, CEO and CEO of HSBC Global Asset Management (Taiwan). Hsin Chiao left the company. The search for her successor has begun, with a local vice president and customer service manager in the meantime Chris Lin was appointed acting CEO and CEO. Lin joined the company in September 2021 to oversee its institutional and wholesale operations, as well as its customer service teams.

“Our expansion in Asia is one of HSBC Asset Management’s key strategic priorities and we have made significant progress in expanding our investment capabilities to provide our clients with market-leading investment solutions,” Ho commented. «The new appointments we are announcing today empower us to achieve our goal of becoming the leading asset manager in Asia.»