HSBC has appointed Sean Henderson as head of debt capital markets in Australia, with the bank signalling plans to make further appointments to the investment team next year.
In his new role, effective 1 January 2011, Henderson will oversee the debt capital markets (DCM) team responsible for the origination of bonds and loans for Australian clients in addition to execution of Australian dollar product.
DCM is a key focus for HSBC’s growing global markets business in Australia, with the bank acting as a gateway for Australian clients issuing offshore and internationals issuing into Australia.
The appointment of Henderson, who first joined HSBC in 1998 and who has been head of debt syndicate for HSBC Asia-Pacific since 2005, will support the continued expansion of the Australian DCM team with the addition of further staff next year, HSBC Australia head of global markets Gavin Powell said.
“Sean Henderson’s appointment will support the continued growth of HSBC’s DCM business in Australia by bringing his extensive Asian expertise onshore to this market,” he said.
“Henderson’s Asian debt syndicate experience will strengthen the links between Australian issuers and the Asian investment market at a time when demand for Australian debt is increasing.
“As an increasing number of Australian corporates and institutions seek to diversify their funding across developed and developing markets, HSBC’s strong international DCM franchise is an obvious attraction.”
HSBC’s DCM group takes a holistic approach to providing financing and financing-related services to a broad range of corporate, financial institution, and public sector clients globally in the developed and developing world.
