Mark Li was named director, institutional business China, at HSBC Global Asset Management, effective June 15, spokesman Andy Chan said in an e-mail.
Mr. Li will replace Susanna Wong who left to pursue an opportunity outside the firm, Mr. Chan wrote.
Mr. Li will lead and drive the firm's institutional business in China, Mr. Chan added. He will report to Pedro Bastos, CEO, Hong Kong and regional head of Asia-Pacific.
Mr. Li is currently chief investment officer, Greater China, at HSBC Life Insurance. A permanent replacement for Mr. Li will be announced soon. Further details were not provided.