HSBC appoints global CIO and head of investments

Written by Adam Cadle

09/10/2024

HSBC has appointed William Chan as its global chief investment officer and head of investments.

In this newly created role, Chan will be responsible for leading a team of investment specialists out of Hong Kong, delivering a more synergistic institutional investment capability for HSBC’s more than US$130bn of investment assets and over US$13bn of investment-linked assets in Asia and internationally.

Chan will take responsibility for the optimisation of the insurance investment portfolio and the determination of strategic asset allocations.

With more than three decades of industry experience, Chan possesses broad market knowledge across major asset classes and asset-liability management, having held a number of senior positions in HSBC Asset Management and UBS Asset Management in Hong Kong and the UK. Since 2016, Chan has been serving as CIO of HSBC Life Hong Kong.

Edward Moncreiffe, CEO, global insurance, HSBC, said: "As one of the fastest growing businesses within HSBC, we are not only a top three international insurer in Asia but also a US$130bn institutional asset owner. This new role reflects the importance of investments in delivering upon both our policyholder and shareholder expectations. Given Chan's proven ability to deliver robust investment returns, even amidst low interest rates, market volatility, and inflationary pressures, I am confident in our potential to keep our promises to both policyholders and shareholders going forward."

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