HSBC Asset Management has appointed Dan Rudd as CEO of HSBC Global Asset Management (UK) Ltd and head of UK Wholesale, subject to regulatory approval.
In his new dual role, Rudd will oversee the strategic development of the UK business and lead the firm’s UK wholesale sales team.
Rudd brings more than 30 years of experience in the asset management industry. He joined HSBC Asset Management in 2005 and has held several senior positions, most recently as head of wholesale, Northern Europe.
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During his time at the asset manager, Rudd has contributed to the growth of the firm’s wholesale presence in the UK, Northern Europe and the Middle East.
He will continue to be based in London and will report to Thorsten Michalik, CEO for Europe, UK and Americas.
Michalik commented: “Dan’s appointment reflects his deep industry experience and strong track record in successfully growing our wholesale businesses. I’m confident that under his leadership, our UK business will continue to thrive and deliver for our clients.”
