UK / EUROPE - HSBC Asset Management has promoted Dean Buckley to European chief executive officer (CIO), replacing Andrew Ross who left the firm to head up Cazenove's fund management business.
Buckley - who joined HSBC in 1995 as European chief investment officer - took over Ross’s duties in July last year, in addition to his own as CIO. He will report to Alain Dromer, global chief executive officer of HSBC’s fund management business.
Speaking about his appointment, Dromer said: “Dean’s experience as chief investment officer, his profile in the industry, and strong leadership skills will help us achieve our ambitious growth plans.”
Additionally, HSBC has moved quickly to fill the void caused by Buckley’s promotion. Philippe Alter, currently CIO of HSBC’s subsidiary in Paris, will takeover from Buckley with responsibility for pan-European and UK equities.
By Geoffrey Ho
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