HSBC Private Bank said today it has appointed Nancie Dupier as the new chief executive for Singapore. She currently holds the post of chief investment officer, head of investment and product group for the Americas.

Ms Dupier will formally take the role on 1 February 2010, succeeding Jimmy So who has headed the business for the past three years.

She joined HSBC Bank USA, NA, Private Banking in 2005. Previously, Ms Dupier held senior executive roles at Chase Manhattan, JP Morgan and Bank of America.

In New York, Dupier will be succeeded by Thomas Moore who will be appointed head of private bank investment group and chief investment officer for the Americas.  Mr Moore joined HSBC in 2001 having previously been a senior investment executive/chief investment officer for JP Morgan Chase’s personal asset management group.

In October this year, HSBC unveiled plans to expand its private banking headcount by single-digit percentage levels, according to comments by the chief executive of its private banking division at the Reuters Wealth Management Summit in Singapore.

Chris Meares said the business also plans to expand its operations in China, India and Brazil, as well as in Mexico and the Middle East.