Allegra Berman will leave HSBC at the end of September, according to an internal memo seen by The DESK.
Berman joined the firm in 2013, leading the global public sector business, before becoming head of FIG for EMEA and in 2015 and global co-head of securities services in 2018. She was appointed global head of institutional sales for markets and securities services (MSS) in 2020.
A replacement has not yet been found for Berman, the memo stated, noting that members of the institutional sales executive committee will report to regional MSS heads in the immediate term. Chris Georgs, chief operating officer for institutional sales, will manage global coordination in the interim.
Patrick George, global head of MSS, concluded the memo: “Allegra’s authenticity, support, and trusted counsel have been invaluable, and she will be greatly missed both professionally and personally.”
Berman could not be reached for comment.
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