Chris Edge will become the new head of HSBC Securities Services (HSS) Luxembourg, effective 22 September 2014.
Edge joins HSBC from Allfunds Bank International, where he was head of the Benelux business, and will be responsible for the HSS business in Luxembourg and leading its growth agenda.
He will report to Arjun Bambawale, head of HSS Europe and will join the executive committee of HSBC in Luxembourg led by Nigel Fielding, country CEO, Luxembourg.
Edge said: “I have been impressed with the drive of HSBC to re-establish HSS to a leadership position in Luxembourg, complementing its status as a leading global player. I am delighted to have an opportunity to play a leadership role in delivering to this strategy.”
Bambawale added: “"Luxembourg is a key growth market for HSS and we are very pleased to have [Edge] joining the team. His experience in the Luxembourg market and more broadly in the securities and funds business positions him well to drive our growth agenda in Luxembourg".
