People Moves

HSBC Securities Services arm beefs up London sales presence


HSBC Securities Services has made two sales hires for its fund services team in London, boosting the expansion of the global bank’s fund administration arm.

Manzar Ahmed has joined the firm as a sales director from RBC Dexia Investors Services, where he was director of business development for the alternatives segment. He will report to Tony McDonnell, head of European alternatives sales at HSS.

Following the appointment of Callum Runcie as a sales director earlier in the year, Ahmed will join Runcie in developing the European fund servicing business offering to alternative fund managers. Ahmed will have a