HSBC announced the appointment of John Flint as chief executive of HSBC Global Asset Management.
Flint is currently HSBC group treasurer and deputy head of global markets. He is also head of global markets for Europe, Middle East and Africa.
Flint will replace Mark McCombe who is moving to Hong Kong as chief executive of HSBC Hong Kong. Both appointments will become effective by January 2010.
Flint joined HSBC in 1989 and spent 14 years in Asia helping establish and expand the HSBC global markets business in the region before moving back to Europe.
In 2006, he was appointed Group Treasurer and assumed global responsibility for balance sheet management. In 2008, he added the roles of deputy head of global markets and head of global markets, EMEA.