HSBC has beefed up its global infrastructure team with new hires in Hong Kong and London as booming M&A markets fuel demand for its services.
The bank has added six new staff to its Infrastructure and Real Estate Group (IRG), including Helen Li and Nikolay Iankov from Bank of America Merril Lynch (BAML) and Macquarie’s Giulio Hoffmann.
Li will be co-head of IRG for Asia Pacific, based in Hong-Kong, while Hoffman will be managing director in the power, utilities and renewables team in London and Iankov will be a director in the IRG financing team. Li was head of power, utilities and infrastructure for Asia at BAML.
The new hires also include real estate specialists.
HSBC has also promoted five members of staff within IRG, including Olivier Gibert who is appointed global head of infrastructure, based in London, having previously been head of transport services and infrastructure for Asia-Pacific.
Also in infrastructure, Robert Todd is appointed global head of power, utilities and renewables, based in London, having previously been head of renewables and cleantech. Chris Hignell is appointed head of infrastructure and transport, services and logistics, Asia Pacific, based in Japan. He was previously in advisory.
HSBC’s IRG team has around 260 people in some 20 different cities around the world.
“This influx of senior talent and experience will add significant value to our financing, advisory and structuring capabilities,” said Stuart Lea and Arturo Recio, global co-heads of IRG.
Speaking to Inframation, Lea noted that the new hires come amid growing demand for infrastructure M&A services, with airports and ports among the busy sectors.
Recent deals the bank has worked on include advising French infrastructure investor Ardian on the sale of a 49% stake in London Luton Airport to AMP Capital.