HSBC Global Asset Management has two senior leadership appointments in Asia.Patrice Conxicoeur is appointed Chief Executive Officer Singapore and Head of South East Asia, HSBC Global Asset Management, subject to regulatory approval. Conxicoeur is moving from Japan where he is currently CEO at HSBC Global Asset Management (Japan) KK.
In his new role, Conxicoeur is tasked to lead and expand HSBC Global Asset Management’s business in South East Asia with specific focus on key markets such as Singapore, Malaysia, Indonesia, Thailand and the Philippines. Patrice has deep knowledge of and nearly 30 years of extensive experience in the asset management industry. Under his leadership in Japan, assets under distribution have increased over 30 per cent and the asset management business has developed into a trusted partner that supports both intermediary and institutional clients.
Before assuming his current role in Japan five years ago, he held various senior roles at HSBC Global Asset Management, including Global Head of Insurance Coverage and Head of Institutional Business in Asia Pacific. Prior to that, he was Chief Executive of Sinopia Asset Management, Asia-Pacific.
Masayuki Kaneko is appointed Chief Executive Officer, HSBC Global Asset Management (Japan) KK.
Kaneko, who is currently Deputy Head of Global Banking and Head of Financial Institutions Group (FIG), The Hongkong and Shanghai Banking Corporation Limited in Japan, joined HSBC in 2013. He has successfully grown FIG at Global Banking and Markets from a flow-focused corporate banking franchise into a hybrid banking service delivering both event and non-flow business. He also led great collaboration between HSBC Global Asset Management, and Global Banking and Markets, bringing Asset Management sales and Global Banking relationship managers together, contributing to successfully winning mandates in Japan.
Pedro Bastos, Chief Executive Officer, Asia Pacific, HSBC Global Asset Management, says: “We are delighted to welcome Patrice and Masayuki as they undertake new leadership roles in Asia. Their extensive experience in the financial industry, strong track record in driving business growth as well as deep understanding of clients’ needs will enable us to accelerate the delivery of our strategy, particularly across ASEAN and in Japan.
“As a leading asset manager with global investment capabilities, HSBC Global Asset Management will continue to play a key role in delivering HSBC’s wealth strategy in Asia by providing innovative and bespoke products to meet the wealth needs of customers in Wealth and Personal Banking across the region. We are also determined to expand our presence in ASEAN and capture new growth opportunities from some of the world’s fast growing economies, the booming middle class and growing adoption of new technologies in the region. In addition, we will build on our robust credentials supporting institutional and corporate clients, as they focus on managing liquidity, diversification and alternative investments to meet long-term investment goals.”
Conxicoeur and Kaneko will both report to Pedro Bastos. Patrice will also report to Anurag Mathur, Head of Retail Banking and Wealth Management in Singapore while Masuyaki will also report to Edward Weeks, Chief Executive Officer, HSBC Group in Japan.
