HSBC appoints new head of global custody
14 March 2011 London
Image: Shutterstock HSBC Securities Services (HSS) has appointed John van Verre as Head of Global Custody. Global Custody is one of the core areas of focus for HSS and John will be responsible for the management and development of the global product proposition.
John joined HSBC in June 2008 as the Head of HSS in Singapore and in August 2010 became the acting managing director for HSS Ireland. Prior to this, John was Chief Commercial Officer and a member of the Managing Board of ABN AMRO Mellon Global Securities Services. As well as participating in the formalisation of ABN AMRO Mellon he assumed responsibility for Sales, Relationship
Management and Business Development. John joined ABN AMRO Bank in 1988 and held a variety of positions. These included Head of Operations for one of the largest domestic branch networks at the time of the integration of ABN and AMRO; Senior Vice President International Cash Management where he was responsible for the development of various cash management services and Executive Director Global Custody.
Based in London John will report to Drew Douglas, Co-Head of HSS. Commenting on the appointment, Drew said. “Leveraging John’s recent knowledge of HSS and his years of product experience at ABN AMRO Mellon, he is well positioned to build our capability in Global Custody. His primary focus will be to drive the establishment of a consistent global operating model/technology platform and to further accelerate the delivery of a market leading Global Custody product offering”.
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