HSBC has recruited Steven McCullough from Citibank to its Securities Services business, as the new Head of Asset Owners & Managers Business Development & Client Management, Asia Pacific, effective March 27. HSBC says McCullough will have an important role in driving the asset owners & managers strategy in the region.

At Citibank, McCullough was Managing Director, Client Executive and Account Management, Asia Pacific for Custody and Fund Services, leading a regional team covering clients in the Asset Managers, Insurance, Pension, Banks Sovereign/Public Sector segments across 12 locations.

Prior to that, he spent over 25 years at JP Morgan Chase where he held a number of senior client service and implementation positions in their markets, securities and investor services areas.

McCullough will be based in Hong Kong and report to Brian Godins, Regional Head of Securities Services, Asia Pacific locally, and to Sebastien Danloy, Global Head of Asset Owners & Managers, Securities Services, on a functional basis.

He will become a member of the Securities Services Asia Pacific Executive Committee and Asset Owners & Managers Management Committee.

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HSBC has recruited Steven McCullough from Citibank to its Securities Services business, as the new Head of Asset Owners & Managers Business Development & Client Management, Asia Pacific, effective March 27. HSBC says McCullough will have an important role in driving the asset owners & managers strategy in the region.

At Citibank, McCullough was Managing Director, Client Executive and Account Management, Asia Pacific for Custody and Fund Services, leading a regional team covering clients in the Asset Managers, Insurance, Pension, Banks Sovereign/Public Sector segments across 12 locations.

Prior to that, he spent over 25 years at JP Morgan Chase where he held a number of senior client service and implementation positions in their markets, securities and investor services areas.

McCullough will be based in Hong Kong and report to Brian Godins, Regional Head of Securities Services, Asia Pacific locally, and to Sebastien Danloy, Global Head of Asset Owners & Managers, Securities Services, on a functional basis.

He will become a member of the Securities Services Asia Pacific Executive Committee and Asset Owners & Managers Management Committee.