HSBC Securities Services Appoints Global Head of Sales and Relationship Management Banks and Broker Dealers
HSBC Securities Services (HSS) has appointed Tim Faselt as Global Head of Sales and Relationship Management, Banks and Broker Dealers, in its newly formed Client Management Group.
The Client Management Group has been created to more closely align the HSS sales and relationship management teams with our clients. Each client sector will have its own dedicated relationship management team with a relentless focus on our clients.
Based in New York, Faselt is responsible for overseeing all global sales and relationship activities for our global custodian bank and broker dealer clients and ensuring that they continue to receive consistent world class service, state-of-the-art technology solutions and the best practices of our global network.
Faselt joined HSBC in 2006 and has extensive experience working with Banks and Broker Dealer clients in a career spanning 24 years in the securities industry including senior roles at The Bank of New York Mellon and Standard Chartered Bank. In addition to his new role, Faselt will continue to function as Regional Head of Sub-Custody and Clearing, Americas.
"Tim's appointment reflects the importance of this key client sector to HSBC Securities Services. His extensive industry experience will be invaluable in enabling us to deliver an enhanced securities services offering to our bank and broker dealer clients," said Mike Martin, Global Head, Client Management Group, HSBC Securities Services.
HSBC is a global market leader in the provision of fund administration, custody and related securities services across Asia-Pacific, the Middle East, Europe and the Americas.