In a recent press release HSBC announced that it has named Samir Assaf as head of its global banking and markets business, in a second round of senior management appointments ahead of Stuart Gulliver’s taking on the role of chief executive next month. Mr. Assaf succeeds Mr. Gulliver in the global banking unit, and will report directly to him.
Mr. Assaf, 50, graduated from L’Institut d’Etudes Politiques with a degree in finance, and holds an MBA from the Sorbonne. He began his career at the French oil company Total, where he rose to head of its treasury department. From there, he moved in 1994 to CCF, which HSBC bought in 2000. He became head of the bank’s global markets unit in 2008.
Mr. Assaf will be joined by Robin Phillips and Kevin Adeson, who have been named as co-heads of the unit, which will be enlarged to integrate the bank’s global capital financing business. Mr. Assaf has been in the business for 23 years, and helped HSBC’s global markets unit grow its fixed-income operations in Europe.
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