McGuinness, who ran the firm’s Hong Kong finance group for 14 years, will head up its aircraft and asset finance group in London.
He replaces Stuart Milne, who will remain at HSBC, the London-based lender said in an e-mailed statement today.
The company said Yoichiro Hamaoka, who had run the property brokerage's business in Japan for the last 12 years, was stepping down and would take on the role of chairman.
Mr Seah joins SGX from Standard Chartered Bank, where he was Regional Head, Wholesale Bank Compliance in Singapore and South-East Asia, covering corporate banking products from lending and transaction banking to financial markets and corporate finance, an
Bank of America Merrill Lynch, a unit of Bank of America Corp., hired a structured product specialist in Tokyo from Goldman Sachs Group Inc.
The change takes effect April 15, according to a statement to the Singapore exchange yesterday. Conner will remain as a non-executive board director. The bank also appointed Ching Wei Hong to the newly created position of chief operating officer.
Ashley will be based in London and both appointments are effective immediately, Shibata said in the letter. Keiko Sugai, Nomura’s Tokyo-based spokeswoman, declined to comment.
HSBC has an employee attrition rate of 10% annually, and replacing those staff forms part of the new hiring, an HSBC spokesman said. HSBC currently employs 296,000 staff globally.