Patrick Boumalham is HSBC's new global head of wealth sales

Patrick Boumalham is HSBC's new global head of wealth sales

People walk past a major branch of HSBC at the financial Central district in Hong Kong, China February 21, 2017. REUTERS/Bobby Yip

HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by Reuters and confirmed by a company spokesperson.