Stephen Pemberton, global head of direct custody and clearing and broker outsourcing product, has been appointed as the new representative of HSBC in the International Securities Services Association Operating Committee.
Pemberton, who is currently based in Hong Kong, has also served in roles at IHS Markit, Standard Chartered and UBS.
ISSA has also accepted Fnality International as a new member of the committee, effective 2 August.
Fnality International provides a digital cash system that uses blockchain technology to settle financial transactions.