HSBC juggles Asia-Pacific custody heads

Oct 7, 2009

The UK bank rotates three senior custody executives between Australia, Hong Kong and Japan.

HSBC has moved three of its sub-custody executives into new positions in the Asia-Pacific region. Andrew Bastow takes over as Australia head of HSBC Securities Services from Peter Snodgrass, who will relocate to Tokyo as Japan head of sub-custody and clearing. The current custody head in Japan, Shaik Ismail Hakim, will move to Hong Kong in an as-yet-undisclosed "senior sub-custody role".

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