HSBC has appointed Andrew Maynard to head sales trading and execution services at its Asia-Pacific ex Japan equities business, according to a person familiar with the situation.
Maynard joined the UK bank from CLSA, where he was global head of trading and execution services, and replaces Jefferson Saunders who is on an internal transfer transition.
Before CLSA, Maynard spent 16 years at Bank of America Merrill Lynch, where he ran the US bank's regional execution services platform, according to a memo seen by FinanceAsia.
A Hong Kong-based HSBC spokesman confirmed Maynard's appointment on Monday but declined to comment on Saunders's next...