Home>Business>HSBC adds to Isle of Man leadership team with Personal and Commercial Banking head appointments

HSBC adds to Isle of Man leadership team with Personal and Commercial Banking head appointments

Thursday 18 November in Business

HSBC has announced a double appointment to its senior leadership team in the Isle of Man as the Bank continues to pursue a strategy of growth in the island.

Adam Belfield has been appointed Head of Wealth and Personal Banking (WPB) while Shibaji Dasgupta has been made Head of Commercial Banking, both with a remit to oversee the delivery and growth of a full range of innovative banking, wealth management and lending solutions for personal and corporate customers.

Having worked at HSBC for more than a decade, Adam has experience of working across the UK and Crown Dependencies in a range of strategic management, wealth, personal finance, and mortgage advisory roles.

He moves to the Isle of Man from Jersey where most recently he was Head of Learning and Development and Senior Business Steering Manager, responsible for developing the WPB Learning and Development team, to support the division’s growth plans. Prior to that he held a number of positions in Guernsey and in the West Midlands, providing holistic financial advice to local residents.

Meanwhile, Shibaji has worked for HSBC for 16 years, supporting the banking needs of a range of domestic and internationally-dynamic corporate banking customers. Having worked for the Bank primarily across the North West of the UK, he moves to the Isle of Man from Manchester, where he was most recently Global Relationship Director, supporting large owner-managed and listed businesses.

A keen cricketer and former cricket coach, he moves to the Isle of Man with his wife and two children.

Commenting on his new role, Adam said:

“HSBC has developed a really strong banking proposition for islanders in recent years and I’m excited to join a talented, driven team and continue to grow and evolve our banking, wealth and mortgage services for personal customers. In addition, I’m a real believer in the importance of our people and, given my most recent role in establishing a learning and development team, I’ll be taking a keen interest in championing HSBC as an employer locally that invests significantly in the skills and talent of its local team.”

Highlighting the opportunities in particular presented by growth in the sustainable finance space, Shibaji added:

“The Bank has a great track record in supporting local businesses and helping them to grow and my focus will be on continuing to do that with our highly experienced corporate team – particularly in the context of an ever greater focus on green finance solutions. Our role in enabling the Isle of Man Treasury to launch a £400m Sustainable Bond recently is one example of our capabilities in this area, and I remain committed to helping local businesses transition to a more sustainable future.

“Together, Adam and I will be working closely to serve the whole island community.”

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