HSBC has appointed Preethi Visweswara as its new head of structured finance, recruiting the executive from rival Deutsche Bank.
Visweswara joined the British bank on Monday, marking the end of an 18-year career at the German investment bank.
The appointment signals HSBC’s intent to strengthen its capital markets franchise by leveraging Visweswara’s deep experience in complex financial products.
The move comes as HSBC continues to position itself as a key player in global capital markets, recently highlighting its dual-listing bridge between the Singapore Exchange and Nasdaq as a driver for Singapore’s status as a premier financial hub.
Strengthening leadership in structured finance aligns with this broader strategy to enhance connectivity and product offerings across major markets.
Visweswara’s departure from Deutsche Bank follows a period of strategic shifts for the German lender, which has been reorganizing its operations globally.