HSBC Private Bank has appointed Russell Schofield-Bezer as the new US head of investment services and product solutions.

Schofield-Bezer will help develop and provide investment services to the region’s clients. He will also be responsible for the performance of the region's discretionary and advisory mandates, as well as the development of new initiatives and product ideas for local distribution.

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Based in New York, he will report to HSBC global private banking regional head for US & Latin America Marlon Young, and HSBC global private bank chief of staff Stuart Parkinson.

He will become a voting member of the bank’s global private bank global investment committee.

Schofield-Bezer most recently held the role of head of capital financing Europe and head of debt capital markets for EMEA at HSBC Global Banking and Markets.

Prior to joining HSBC in 2006 as European head of corporate derivatives sales, he served as head of Northern European corporate derivative sales at JPMorgan Chase.

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“As we continue to grow and invest in our US business, Russell's appointment further strengthens our US leadership team and will help ensure the global consistency and innovation of our services and solutions for our clients. This is an exciting time for our business,” Young said.