Published by Finews Asia – 24th October 2016
HSBC has announced two senior appointments in its global private banking division (GPB).
Siew Meng Tan will succeed Bernard Rennell as regional head of GPB, Asia-Pacific with effect from 1 January 2017, subject to regulatory approval.
Rennell has been appointed senior advisor to the CEO, key client coverage, GPB – a newly created role.
These appointments follow Bernard’s request to transition from his current role as regional head of GPB, Asia-Pacific to focus more on the client side.
Tan joins GPB from commercial banking, where she was most recently regional head of global trade and receivables finance, Asia-Pacific. She has been with HSBC for 12 years and, prior to her current role, has held a variety of senior roles including CEO Mauritius and CEO Thailand.
Rennell will now have responsibility for developing and managing relationships with key clients across Asia-Pacific and globally and will also continue to lead family governance and family enterprise succession globally.
He has been working closely over a number of years with the owners of many of HSBC’s key corporate clients and this move will enable him to increase his focus in this area to the benefit of both clients and the bank.
‘Siew Meng has performed a number of senior roles with HSBC and with her considerable experience on the corporate side is well placed to drive further growth as we continue to invest in our private banking business in Asia-Pacific,’ said Peter Boyles, global CEO of HSBC Private Bank.
Please visit Finews Asia for more news
