HSBC Global Asset Management has expanded its ETF sales team with the appointment of Stefano Caleffi as Head of ETF Sales for Southern Europe, a newly created role.
Based in Milan, he will be responsible for driving HSBC Global AM’s ETF sales and business development efforts across Italy, Spain and Portugal. Caleffi will report to Olga de Tapia, Global Head of ETF Sales.
The asset manager announced in a press release that this appointment follows the ones of Phillip Knueppel as Head of ETF Sales for Austria, Germany and Switzerland and Marc Hall as Head of ETF Sales for Switzerland.
De Tapia commented that Caleffi’s appointment is another milestone in their plans to grow their ETF business in Europe. “His extensive client-facing and ETF industry experience make him the perfect candidate to drive our sales effort in Italy, Spain and Portugal”, she added.
Caleffi has over 15 years’ experience in the investment management industry. Most recently, he was Head of ETF Business Development Italy, Iberia and Israel at Invesco. Prior to that, he was responsible for Southern Europe distribution at Source. Before joining Source, he worked in the equities division of Credit Suisse First Boston.