Joe Abruzzo has been appointed HSBC Private Bank's head for the Americas, the bank announced Thursday.
Abruzzo succeeds Marlon Young, who stepped down last month after 11 years with HSBC.
As HSBC’s chief private banking executive in the region, he will oversee efforts to enhance investment management capabilities, increase collaboration opportunities with other HSBC businesses, and modernize technology.
Abruzzo previously served as head of North America for HSBC Global Private Banking. Before that, he held various roles in HSBC Commercial Banking.