HSBC has appointed Oliver Duff as global head of leveraged and acquisition finance, according to an internal document obtained by Bloomberg.

Duff, who joined the London-based bank in September 2006, will report to Spencer Lake, HSBC’s global head of debt capital markets. Duff is currently global head of loan sales and syndication. Before joining HSBC, he worked for Morgan Stanley, where he ran the European loan syndicate, and for Goldman Sachs.

Duff is replacing Kevin Adeson, who will head a new global capital financing unit incorporating the bank’s leveraged finance, capital markets, structured finance and project finance execution businesses. Adeson is also global co-head of principal investments.

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