HSBC has appointed Steven Caluwaerts as director within global distribution support and transfer agency for HSBC Securities Services (HSS).
Based in Luxembourg, Caluwaerts will report to Nick Maton, head of securities services and to Sooraj Sreenivasan, global head of distribution support and transfer agency product.
Caluwaerts joins HSBC from Citi where he was European transfer agency product head.
Prior to that, he served as European fund accounting product head, funds chief administrative officer and project director, also at Citi.
Maton said: “Steven Caluwaerts’ appointment demonstrates our continued commitment to the Luxembourg market and his extensive experience will help further define global solutions that support both our existing clients and our ambitious growth agenda.”
Sreenivasan commented: "We are very excited to welcome Steven Caluwaerts into the global distribution support and transfer agency product team. We have ambitious growth objectives in Europe and Luxembourg, Caluwaerts will help us further develop and enhance our global transfer agency product offering to international asset managers.”