HSBC has appointed Tony McDonnell as managing director for HSBC Securities Services (Ireland) Limited (HSSI).
McDonnell will be responsible for running the HSS operation in Ireland and growing its book of business.
He will report to Arjun Bambawale, head of HSBC Securities Services, Europe.
McDonnell was previously regional head of asset managers – Europe and North America, sales and business development, HSBC Securities Services where he developed and implemented sector strategy and plans for HSS across all products and solutions.
McDonnell joined HSBC Ireland in 2002, becoming head of business development for HSSI in 2007, before taking on a European role as regional head of alternatives Europe, sales and business development, HSBC Securities Services in 2010.
McDonnell says: “I'm delighted to be given this opportunity. HSSI is a truly global business which showcases the knowledge, expertise and experience we have in the funds industry here in Ireland. The business has transformed in the time that I have been here and I look forward to leading us forward into the next phase. I believe that the funds industry here in Ireland can be a catalyst for significant economic growth in the coming years and it is my intention that HSSI be a key part of that.”
Bambawale says: “Ireland is a key market for HSS, reflecting the country’s increasing importance as a European hub for the funds management industry as a whole. Tony’s experience in our Irish and European business positions him well to develop and meet our growth plans in Ireland.”
