HSBC has appointed Lam Wan Tsiang as a director in its securitization team and structured finance team, continuing its process of building up the group. Lam joins from Nikko Salomon Smith Barney in Tokyo, where he was a vice president.
The emergence of HSBC at the top end of Asia's securitization market has been plotted for a couple of years under Sarwar Ahmad, the team's head, but that effort has only really borne fruit in 2003, with HSBC now emerging as a frontrunner in the government's effort to develop the depth and sophistication of the Hong Kong market.
Ahmad's team beat off stiff competition from established houses to arrange the second...