HSBC Asset Management has appointed Paul Griffiths as its new global head of institutional business, effective May 5. Based in London, he will report to chief executive officer Nicolas Moreau.
With over 30 years’ experience in the industry, Griffiths will be responsible for the commercial development of the firm’s institutional business and leading its institutional sales and client management teams. He takes over from Brian Heyworth who left the firm last year.
Griffiths joins from First Sentier Investments where he was chief investment officer of fixed income and multi-asset solutions. Prior to that, he held senior roles with firms including Aberdeen Asset Management, Credit Suisse, Axa and lnvestec. He is also the founder investor of the United Kingdom’s first student-run investment portfolio based at the University of York.
Meanwhile, HSBC has announced two new senior appointments for its wealth and personal banking business in Singapore. Ian Yim has been appointed as head of distribution and Melissa Craig as head of digital and innovation.
