HSBC appoints new global markets heads in Hong Kong

Paul Hand and Anita Fung, HSBC’s head of sales and head of trading respectively in the bank’s treasury and capital markets team in Hong Kong, have been appointed co-heads of global markets, Asia-Pacific.

Their promotion follows the move of the bank’s current head of treasury and capital markets for Asia-Pacific, Mike Powell, to London, where he will become head of global markets, Europe, and treasurer of HSBC Bank. The appointments are effective from July.

Fung will also assume the role of treasurer of The Hong Kong and Shanghai Banking Corporation, while Hand will retain his current role as head of sales for Asia-Pacific. A replacement for Fung’s current role as head of trading has yet to be