Rafael Moral has been appointed global head of strategic business development and planning, as part of HSBC’s reshuffle of its securities services team (HSS).
Moral will be responsible for the development and execution of HSS’ business strategy and will also support HSBC’s sustainable growth ambitions.
Moral will report to Daniel Klier, global head of strategy and chief of staff for HSBC’s global banking and markets (GBM).
Moral’s new team will include employees from the strategic planning and performance function.
The remaining teams within this function will report to the acting HSS global COO, John Lloyd.
Carl Andrews will become regional head of Europe and will report to Thierry Roland, head of Europe for GBM.
Andrews previously led both HSS in the UK and the global HSS change function.
Allegra Berman and Richard Godfrey, global co-heads at HSBC Securities Services, said: “These changes are effective immediately. We are pleased to announce the following organisational responsibility changes within the HSS Global Executive Committee. These changes support both our strategic ambition and the simplification of our structure.”
