HSBC Securities Services (HSS) has appointed a 20-year fund administration veteran for its global distribution support and transfer agency business in Luxembourg.
Steven Caluwaerts joins as a director within the GDTA, reporting to Nick Maton, head of securities services in Luxembourg, and Sooraj Sreenivasan, global head of GDTA product.
He joins from Citi where he was most recently European head of transfer agency product. Caluwaerts also held prior roles at Citi including European fund accounting product head, funds chief administrative officer, and project director for several large-scale fund migrations.
“We have ambitious growth objectives in Europe and Luxembourg, Steven will help us further develop and enhance our global transfer agency product offering to international asset managers,” said Sreenivasan.