HSBC builds global FX team in Asia-Pacific

HSBC hires senior people across the region to bolster its global foreign exchange business.

HSBC has made a number of senior appointments in its global foreign exchange (FX) business within global markets in Asia-Pacific, according to an announcement.

Clyde Choi has been appointed head of emerging markets FX trading for Asia-Pacific. Choi has more than 10 years' experience in cross asset class trading across FX and rates. He was previously co-head of Asian macro interest rate and FX trading at UBS in Singapore. Choi reports locally to Hossein Zaimi, head of foreign exchange and metals for Asia-Pacific, and functionally to Mark Johnson, global head of FX cash trading.

“HSBC has strong foundations in the FX platform, which is a core contributor to the performance of global banking and markets, as well as the group overall,” said Gordon French, head of global markets for Asia-Pacific. “The fast growth in developing markets, as well as the expanding volume in world trade, will enable us to take our already strong FX business forward.”

In Japan, Ryuichi Atsuta has been appointed director and head of FX trading. He was previously head of FX Japan at Bank of America Merrill Lynch Japan. Atsuta reports to Kosuke Hanao, HSBC’s head of FX in Japan.

In Singapore, Guy Dickinson has been appointed director and head of FX trading and Joanne Ng has joined as head of institutional FX sales. Dickinson was previously a director at Barclays and managed its Australian, Canadian and New Zealand dollar currency trading across Asia. Dickinson reports to Amit Gupta, managing director and head of global markets in Singapore. Ng reports to Amar Darira, managing director and head of institutional sales for Singapore. She was previously executive director of the fixed-income, currency and commodities division at Goldman Sachs in Hong Kong, covering institutional clients in Asia-Pacific.

In Korea, Sean Jeon has been appointed head of institutional FX sales. He was previously associate director at Barclays with expertise in FX, commodities and derivatives across Korea. Jeon reports to Hyun Jin Woo, head of institutional sales, global markets Korea.

Frederic Boillereau, HSBC’s global head of FX and precious metals, said: “Asia-Pacific remains a key region for our global FX business and these hires complement our global platform.”

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