HSBC Global Asset Management Germany has appointed Axel Cron as the new chief investment officer and member of the extended executive board, effective 1 January 2019.
He succeeds Christian Heger. Heger has been a member of the executive board since 2001 and played a decisive role in shaping the company's success in this role. As a chief investment strategist, he has also made a name for himself with comments and assessments of the market. Heger, who spent around 35 years in various positions for HSBC, is leaving the bank at the end of December.
Cron joined HSBC Germany back in 2004 when he took on the role of portfolio manager for HSBC Global Asset Management Germany. He has been head of the Fixed Income Portfolio Management Team since 2012 and co-head Portfolio Management. Before joining HSBC Germany, he was an asset manager at UBS in Zurich and at WestAM, the asset management subsidiary of WestLB.