Global financial services consulting firm Sionic has appointed senior business strategist Robert Bing as a partner.
Bing’s appointment is part of Sionic’s wider effort to expand its focus on client lifecycle management (CLM) for the US market.
Based in New York, Bing will be a partner in Sionic’s banking and markets practice.
Bing has more than 20 years’ experience of working with financial institutions across the US and Europe.
Before joining Sionic, Bing served as a strategic management consultant at Reference Point, a New York-based business consulting service.
Prior to that he served at HSBC, most recently as chief administrative officer from 2019 to 2020.
Before that, he was head of CLM and US country head at HSBC from 2016 to 2019, head of business management from 2014 to 2016, and head of business risk and control management from 2011 to 2014.
In his early career, Bing worked in the litigation and dispute practice in the financial advisory services group, Deloitte & Touche.
In December 2021, Sionic became part of the Davies Group, a specialist professional services and technology firm.
Sionic offers a range of services in business strategy, operational improvement, technology transformation and digitisation to banking, asset and investment management, financial markets infrastructure, wealth management, insurance and reinsurance clients.
Commenting on his new role, Bing says: "Joining Sionic presents an amazing opportunity to be part of an organisation in rapid growth mode. I am very proud to be part of this organisation and I am looking forward to working with our talented team in identifying solutions and providing great value for our clients."
Pino Vallejo, managing partner and co-head of Sionic's banking and markets practice, comments: "With human resources at a premium, clients demanding a higher level of service and execution, the competition never being so fierce, and margins never being so tight, having an effective and efficient CLM strategy is now more important than ever.”
He adds: “The demand is particularly strong among our US and North America and I am delighted we have been able to recruit someone with Robert's strategic expertise and practical experience to help us grow this important part of the business further and faster."