Raymond Chung has left HSBC Securities Services Hong Kong after 24 years working in both securities services and asset management business lines.
Most recently, Chung served as head of sales and client enablement for Asia, securities services.
In this role, Chung managed the end-to-end sales process in bidding mandates from global and regional multi-sector clients including insurer, fund manager, central bank/sovereign wealth fund, bank/broker dealers in Asia and China.
Chung also gained expertise on sales controls, request for proposal,sales pitch digital transformation, pricing, know your customer/onboarding and digital banking.
Throughout his time at HSBC, Chung served in various leadership roles within securities services and asset management business lines.
“I met and worked with many amazing people including my bosses, teammates and business partners. We together shared successes, overcame hurdles, experienced frustration and supported each other,” commented Chung.
Chung explained that past leadership roles in HSBC have developed his broad expertise in fund management and custodian/fund administration.
This expertise is particularly strong in managing end-to-end sales process in bidding mandates from global and regional multi-sector clients in Asia and China, according to Chung.
Additionally, Chung noted that his digital/IT background, combined with his comprehensive product knowledge, laid a solid foundation to explore the possibility of running a consulting business for the Chinese custodian banks and the WFOE PFM/FMC in China.
Before securities services, Chung worked in HSBC Asset Management focusing on operation change management and digital marketing.
Prior to HSBC, he worked in Nomura and UBS on the sell side.
“Today is the end of my HSBC career journey and the start of another exciting one, look forward to new opportunities and challenges. I’m very grateful to have good friends and colleagues supporting and guiding me to explore the next opportunity,” he said.
HSBC declined to comment on the departure.
