HSBC appoints Head of Wealth and Personal Banking

Friday 10 November 2023

HSBC has appointed a new Head of Wealth and Personal Banking for the Channel Islands and Isle of Man.

In his new role, Alvaro Teixeira will take on overall responsibility for driving the Bank’s ongoing strategy to improve access to its suite of wealth products across the islands.

He will also lead the global HSBC Expat business, which is managed from Jersey.

Having joined HSBC in 2010, Mr Teixeira was most recently Head of WPB in Malta where he played a key role in transforming the bank's risk management framework.

Prior to that, he worked in Brazil, Hong Kong, Mexico, the USA and UK in different areas of HSBC's WPB division, while he has also served on the boards of several HSBC subsidiaries. Before joining HSBC, Alvaro spent nearly two decades working on trading desks in Brazil, USA and Canada.

"I'm delighted to be taking on the responsibility to drive forward HSBC's Wealth and Personal Banking division in the islands," he commented.

"Over recent years, the Bank has focused considerably on enhancing, expanding and tailoring its range of wealth solutions, from banking and savings to investments and lending, to meet the needs of islanders at all life stages. I'm excited to be continuing to build on that good work, alongside the incredibly talented and professional team across Jersey, Guernsey and the Isle of Man."