HSBC Global Asset Management (HSBC GAM) has named Patrice Conxicoeur as the new CEO of its Japan unit, effective 1 April 2015.
Conxicoeur, currently managing director, global head of insurance coverage at HSBC GAM, will replace Sean Matsuda following the latter’s retirement on 31 March, Asia Asset Management reported.
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Matsuda, who served for over 22 years at the HSBC group including 11 years as HSBC GAM Japan CEO, will continue to serve in an advisory capacity.
Conxicoeur earlier led HSBC GAM’s institutional business in the Asia Pacific region.
Pedro Bastos, CEO of Hong Kong and regional head of Asia Pacific at HSBC Global AM, said: "With over 24 years of experience in the global asset management industry, including five years spent in Japan in a wide variety of roles, Patrice is the ideal choice to take the franchise forward in its next phase of growth."
The firm is also seeking for a replacement for Conxicoeur’s Hong Kong-based position, which he assumed in May 2011.
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