HSBC has appointed Head of Investments and Wealth Solutions, which the firm says is part of a strategy to evolve its wealth and personal banking offering across the Channel Islands and the Isle of Man.
Philip Kurtenbach joined HSBC 14 years ago and, for the past 11 years, has held roles as an International Manager in the UK, US and Hong Kong.
Most recently, he was the Global Head of Wealth Structured Products based in London.
In his new role, Mr Kurtenbach will look after the overall investments and wealth product offering to clients across the Global Private Bank, Premier and Personal Banking segments for the Channel Islands, Isle of Man, and HSBC’s Expat proposition.
Emma Bunnell, CEO and Head of Wealth and Personal Banking, HSBC, Channel Island and Isle of Man, said: “Philip is an experienced financial services leader, and his expertise in customer programmes, leadership, and digital transformation will afford him key insights in his new role, as will his international perspective. This is a key appointment as we continue to enhance and grow our wealth business across the islands, ensuring we’re providing our customers with the products and services that mirror their growing wealth needs.”
Pictured: Emma Bunnell, CEO and Head of Wealth and Personal Banking, HSBC, Channel Island and Isle of Man.
Meanwhile, HSBC Trust and Fiduciary Services (TFS) is marking its 75th anniversary in Jersey by supporting a community research initiative designed to shed light on the philanthropic needs within the local community.
The Jersey Community Foundation’s ‘Local Needs Assessment Report’ is being undertaken by PwC and aims to take an evidence-based approach to grant making and help make a compelling case to develop and channel local philanthropy towards local issues. HSBC TFS is one of the co-sponsors of the report, which should be published later this year.
Commenting on the research initiative, Anna Terry, CEO, Jersey Community Foundation, said: “This is a really important piece of work and I’m delighted that HSBC Trust and Fiduciary Services have committed to supporting it. Local Needs Assessments are appraisals that evaluate a community to identify the requirements of the area and to determine appropriate projects that would translate into social value. Particularly as we now rebuild following the pandemic, the findings of this assessment will be timely, help inform how funding bodies prioritise their resources, shape funding strategies, and highlight areas of the local community that are most in need of help.”
Pictured: Christopher Jones, Managing Director, HSBC Trust and Fiduciary Services, Channel Islands and Isle of Man.
Christopher Jones, Managing Director, HSBC Trust and Fiduciary Services, Channel Islands and Isle of Man, added: “For 75 years in Jersey HSBC has been helping clients with their family wealth and legacy plans, and increasingly that has incorporated philanthropy and charitable giving. The aims of this piece of work from the Jersey Community Foundation are fixed firmly on the future of our island community and, at a time when we are celebrating the past 75 years of our business here, we are equally focused on looking ahead - to working with future generations to empower them to realise their long-term ambitions and play their part in positively impacting the local community.”
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