HSBC Global Asset Management has strengthened its position in Italy with the appointment of Matteo Ercole as head of Institutional Sales in Italy.
After over two years as a relationship manager in Italy, Ercole will be responsible for further developing and consolidating the presence of HSBC within the Italian institutional segment.
Ercole will report to Roberto Citarella, general manager of the Italian branch of HSBC Global Asset Management.
In addition, the asset manager as hired Tommaso Cucchetti as a relationship manager in Italy.
Cucchetti will cover the wholesale division, where he will manage existing customers and develop new opportunities in the fund selector segment. Cucchetti will also report to Citarella.
“We are very pleased to announce these two new appointments, which are in line with the growth strategy of HSBC in the Italian market, one of our priorities,” Citarella said.