HSBC has promoted Olivier Laurent to head the bank’s continental Europe agency lending and liquidity services.
In his expanded role, he will continue to act as head of Securities Services for France, a position he has held since 2018.
Based in Paris, Laurent reports to Adnan Hussain, global head of agency securities lending, and Tony McDonnell, head of continental Europe and offshore, and global head of alternative investments for Securities Services.
Laurent joined the bank’s London office in 2015 where he worked in product management on MiFID II, AIFMD, and the Securities Financing Transactions Regulation (SFTR), before being appointed head of Securities Services, France.
Commenting on the news, Hussain says: “Recognising the increased importance our global institutional clients have placed on HSBC’s agency solutions, we’re pleased to announce that Olivier has expanded his remit to cover agency lending across continental Europe.”