(8 December 2010 – Australia) HSBC Australia has announced the appointment of Sean Henderson as head of Debt Capital Markets in Australia.In his new role, Mr Henderson will oversee the Debt Capital Markets team responsible for the origination of bonds and loans for Australian clients, in addition to execution of Australian dollar product.
The international bank has said that Debt Capital Markets (DCM) is a key focus for growing the Global Markets business in Australia, with HSBC acting as gateway for Australian clients issuing offshore and internationals issuing into Australia.
Mr Henderson’s appointment will support the continued expansion of the Australian DCM team, with the addition of further headcount planned in 2011, the bank said.
In a statement issued by the bank, Gavin Powell, head of Global Markets for HSBC in Australia, said that Mr Henderson’s appointment will support the continued growth in Australia by bringing his extensive Asian expertise onshore to this market.
Mr Henderson first joined HSBC in 1998 and has been head of Debt Syndicate for HSBC, Asia-Pacific since 2005.
“Mr Henderson’s Asian debt syndicate experience will strengthen the links between Australian issuers and the Asian investment market at a time when demand for Australian debt is increasing,” Mr Powell added.
“As an increasing number of Australian corporates and institutions seek to diversify their funding across developed and developing markets, HSBC’s strong international DCM franchise is an obvious attraction,” Mr Powell highlighted.