HSBC Securities Services has appointed Ganesh Iyer as senior vice president for market and product development to develop and deploy the bank’s latest broker-dealer product solutions in Singapore.
He previously worked in Dubai as vice president for product and market development for the Middle East. He led the development of HSBC Securities Services’s custody and treasury services products in the Middle East and North Africa.
Iyer has relocated to Singapore and will report to Tony Lewis, head of HSBC Securities Services in Singapore, and Colin Brooks, global head of sub-custody and clearing.
He will also work closely with Nico Torchetti, global head of product development for the sub-custody business.
In a statement, Lewis said that the bank has witnessed a “notable uptick” in broker-dealers looking to establish and extend their relationships with HSBC in Singapore, adding that Iyer’s appointment is further evidence of its commitment to the local market.
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