HSBC Securities Services has appointed Riccardo Millich as sales director for Luxembourg.
In this newly created role, Millich will be responsible for building HSBC Securities Services’s local sales strategy and supporting its business growth with all countries and asset classes for UCITS and Alternative Investment Fund Managers Directive (AIFMD).
Millich, who will report to Nick Maton, head of HSBC Securities Services, will collaborate with the HSS teams across the US, Europe Middle East and Africa and Asia to support client global growth.
Prior to HSS, Millich held director positions in Luxembourg UCITS and alternative investment funds.
Paul Heffernan, head of cross border sales, HSBC Securities Services Europe, said: “HSBC Securities Services sees strong opportunities for growth in Luxembourg. Riccardo Millich and I will be working closely together to leverage HSBC’s cross border business, supporting our full service, cross-product and multi-jurisdiction solutions.”
Commenting on Millich’s appointment, Nick Maton said: "We have clear growth ambitions for HSBC Securities Services in Europe and the recruitment of Riccardo Millich’s as sales director will help connect HSBC's clients to our global product offering."
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