HSBC has appointed David Gardner as managing director, head of project finance, Asia Pacific. Gardner will replace Murray Ashdown, currently responsible for project finance in Asia-Pacific, who is leaving the bank in December 2005 after 22 years of service to pursue other interests.
Gardner will be responsible for HSBC’s project finance teams in Singapore, Sydney, Beijing, Mumbai and Hong Kong.
Based in Hong Kong, Gardner will report functionally to Richard Cole, chief executive, project and export finance Asia-Pacific, and locally to Stephen Williams, co-head of financing, Asia Pacific.
Gardner joins from Sumitomo Mitsui Banking Corporation where he spent nine years running the project finance team for the region. Before that he worked at the International Finance Corporation (IFC) developing their project programme.