HSBC Private Bank has announced the appointment of Bernard Rennell, as Global Head of Private Wealth Solutions, HSBC Private Bank's trust and estate planning service. The position has been created as Declan Sheehan steps back from heading up the Private Wealth Solutions globally to concentrate wholly on his expanding regional role as Chief Executive of HSBC Private Bank in the UK & Channel Islands.

Bernard joined HSBC Private Bank five years ago as head of Private Wealth Solutions, Asia, following the acquisition of Bank of Bermuda. Prior to this, he was Asia Pacific Head of Bank of Bermuda's Private Wealth Services.

Bernard is also a past Chairman of the Hong Kong Trustees' Association, founding Chairman of the Hong Kong Branch of the Society of Trust and Estate Practitioners, has served as member of the Financial Services Advisory Committee of the Hong Kong Trade Development Council and serves on the advisory boards of a number of public and private charitable and philanthropic foundations.

Commenting on this appointment, Chris Meares, Chief Executive of HSBC Private Bank says:
"Bernard's appointment reflects the importance of Private Wealth Solutions as a key to HSBC's long term relationships with families over many generations. Bernard will report to me and continue to be based in Hong Kong where we have our largest Private Wealth Solutions operation.

"I would like to thank Declan for his excellent stewardship of our PWS business since 2006 and wish Bernard every success in his new role."