HSBC appoints 3 Resources and Energy group directors

Appointees provide expertise for advisory and financing services of Asia-Pacific resources and energy sector.

HSBC announced three new senior appointments in the Resources and Energy Group (REG) of Global Banking in Asia-Pacific, strengthening the local REG team as well as its global coverage platform, according to an HSBC report.

Peter O’Malley joined HSBC as Managing Director, Head of Resources and Energy Group, Asia-Pacific. He is also leading the Oil and Gas Coverage for REG in Asia. Mr O’Malley has been covering the sector since 1991 and has strong geographical experience in Asia, Africa and the Americas. Prior to his current position, Mr O’Malley headed the natural resources team in Deutsche Bank AG Hong Kong. 

Eugene Tan has been appointed Managing Director, Resources and Energy Group, Asia-Pacific. He has 15 years of experience in the industry. Along with his merger and acquisitions (M&A) and structuring credentials, Mr Tan has strong relationships with the major power players across the region, and notably within India, Indonesia, Malaysia, Singapore, Thailand and the Philippines. He was previously director of the natural resources team at Deutsche Bank AG Hong Kong.

Anne Kao joined the Bank as Managing Director, Head of Power and Utilities, China. Joining from Macquarie Capital Advisers Hong Kong, Ms Kao brings 20 years of expertise in the power sector and strong connections with Chinese companies across the utility space. Her experience in equity capital markets and M&A will also support and drive REG coverage in China.

Russell Julius, Managing Director, Head of Global Banking, Asia-Pacific, HSBC said: “There is strong demand in advisory and financing services from the resources and energy sector in Asia-Pacific, presenting exciting opportunities. The new appointments reflect our commitment to further develop our business in this area where we see high potential for market growth. These strategic hires will strengthen our management team and lead the business forward.” 

Will Rathvon, Global Head of Resources and Energy Group, HSBC, said: “HSBC works with our clients to provide them with regional and global support to meet their business objectives. This series of appointments enhances HSBC’s capability to provide clients with extensive industry expertise and international reach in key global industries and trade flows. Additionally, the appointments link well with HSBC’s long and successful track record in Global Project & Export Finance, across a broad range of industries, which have been recognised through the achievement of many industry awards.”

Mr Tan and Ms Kao report to Mr O’Malley, who reports locally to Mr Julius and functionally to Mr Rathvon.

HSBC Global Banking REG provides global relationship management, strategic advisory and capital-raising services to the global resources and energy sectors, covering oil and gas, power and utilities, renewable energy as well as mining and metals.  In addition REG provides advisory and financing expertise in global project and export finance.