Declan has significant experience in Middle Eastern financings across the region having been based in the Middle East for 8 years, initially in Dubai and most recently spending almost 3 years in Riyadh setting up HSBC's debt business as part of the HSBC and The Saudi British Bank 's (SABB) new investment banking joint venture operation in Saudi Arabia.
HSBC's regional financing businesses, which includes project and export finance, debt and equity capital markets, syndicated debt and securitisation, have established a leading market position over the last few years.
David Moleshead, who formerly led the team, has retired from full time responsibilities. However he continues to act as Senior Adviser to HSBC.
"I am looking forward to the new role and to continuing to work successfully with clients across the region as their financing requirements grow. I am delighted to have this opportunity to move into a more senior role with HSBC while staying in the Middle East. HSBC has a great platform in the region and I expect the CIBM business will continue to grow under the leadership of Neil Foster, Head of Global Markets and Antoine Cahuzac, Head of Global Banking for HSBC Bank Middle East," said Declan Hegarty.
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HSBC announces senior management appointment
- United Arab Emirates: Tuesday, May 30 - 2006 at 15:59
- PRESS RELEASE
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The Corporate, Investment Banking and Markets (CIBM) division of HSBC Bank Middle East Limited has appointed Declan Hegarty as Managing Director, Global Investment Banking - Financing, responsible for HSBC's financing businesses in the MENA region.
Declan Hegarty
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Posted by Janeta Novakovic, Assistant News EditorTuesday, May 30 - 2006 at 15:59 UAE local time (GMT+4)
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Notes and Media Contacts »
HSBC Corporate, Investment Banking and Markets:
HSBC Corporate, Investment Banking and Markets (CIBM) provides tailored financial products and services to major government, corporate and institutional clients. Within client-focused business lines, Corporate and Institutional Banking, Global Investment Banking, Global Markets and Global Transaction Banking, CIBM offers a full range of capabilities, including foreign exchange, fixed income, derivatives, risk advisory, investment banking financing, investment banking advisory, payments and cash management, trade services, and securities services. Further details can be found at www.hsbcnet.com.
HSBC Bank Middle East Limited:
HSBC is the largest and most widely represented international bank in the Middle East. HSBC Bank Middle East Limited has 32 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Kuwait, Jordan, Lebanon, and the Palestinian Autonomous Area, including an offshore banking unit in Bahrain. This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt SAE, and by its associated companies, The Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the Bank has a representative office in Tehran, Iran.
Media eqnuiries to
Dina Kotby,
Press and Communications Executive,
HSBC Bank Middle East Limited,
tel +9714 390 6634
HSBC Corporate, Investment Banking and Markets (CIBM) provides tailored financial products and services to major government, corporate and institutional clients. Within client-focused business lines, Corporate and Institutional Banking, Global Investment Banking, Global Markets and Global Transaction Banking, CIBM offers a full range of capabilities, including foreign exchange, fixed income, derivatives, risk advisory, investment banking financing, investment banking advisory, payments and cash management, trade services, and securities services. Further details can be found at www.hsbcnet.com.
HSBC Bank Middle East Limited:
HSBC is the largest and most widely represented international bank in the Middle East. HSBC Bank Middle East Limited has 32 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Kuwait, Jordan, Lebanon, and the Palestinian Autonomous Area, including an offshore banking unit in Bahrain. This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt SAE, and by its associated companies, The Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the Bank has a representative office in Tehran, Iran.
Media eqnuiries to
Dina Kotby,
Press and Communications Executive,
HSBC Bank Middle East Limited,
tel +9714 390 6634
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