HSBC Global Asset Management announces the appointment of Cecilia Chan as Chief Investment Officer, Asia-Pacific, effective 1 February 2021. Cecilia will report to Joanna Munro, Global Chief Investment Officer, HSBC Global Asset Management.

Cecilia is currently CIO for Fixed Income in Asia Pacific. She has been with HSBC Global Asset Management since 1994 and has covered Asian markets since 1987. In addition to being a well-recognised expert in Asian Fixed Income over the last two decades, Cecilia has the depth and breadth of experience having been Head of Global Research, Asia, and COO for Halbis in her early days with HSBC Global Asset Management. Prior to joining the company, Cecilia was a sell-side quantitative research specialist covering Asia-Pacific Equities, with a focus on Hong Kong, Japan and Australia. Recently Cecilia won the Lifetime Achievement accolade at the Women in Finance Awards Asia.

Joanna Munro, Global Chief Investment Officer, HSBC Global Asset Management

said, “Achieving investment excellence across all strategies is central to how we will enable HSBC Global Asset Management to achieve its growth ambitions and deliver wealth strategy. This requires a strong focus on all our teams across asset classes as we continue to deliver high quality products and investment performance to clients in Asia and beyond. Cecilia’s deep knowledge of the region, coupled with her robust technical skills make her the ideal CIO to lead the expansion of our investment capabilities and to bring more choice and value to our clients. Cecilia’s appointment also attests to our continued efforts to create a truly motivated, diverse and inclusive environment where female leaders are empowered and recognised.”

Bill Maldonado, the current CIO for Asia Pacific and Global Equities, will be leaving HSBC Global Asset Management to pursue other opportunities.

Munro continued, “We thank Bill for nearly 30 years of tremendous contribution to HSBC Global Asset Management. He has been involved in almost every aspect of the investment business during this time with us. I truly appreciate his leadership in achieving investment excellence across the region and in broadening equity strategy capabilities globally.”

The succession arrangement of Cecilia Chan's current fixed income role will be announced in due course.