HSBC has appointed Jaime Amoedo as head of corporate and commercial banking.

As well as heading up the bank’s business for corporate and commercial customers, in his new role Mr Amoedo will also take on responsibility for HSBC’s overall presence in the Isle of Man.

He will oversee HSBC’s business activities in the jurisdiction, represent the bank in various corporate and regulatory forums and take a lead on the bank’s initiatives with what it calls ’local community partners’.

Mr Amoedo, who will be based in Douglas, has 25 years of experience in the international banking industry, half of that within HSBC in working in Spain, Turkey and Italy.

Most recently, he comes from a position in Milan, where he has been for two years, as both head of multinationals and international subsidiary banking and head of the global banking client management group.

Before HSBC, Mr Amoedo held a number of senior banking roles at BNL, Ferrovial Agroman, and Chase.

He has also been a member of the board of the British Chamber of Commerce in Turkey and a professor of finance at the EOI Business School in Madrid.

He holds a Bachelor’s degree in economics from the University of Michigan and Master’s degrees in finance, international trade and environmental management.

Mr Amoedo said: ’Having worked in a number of key markets for HSBC, it is exciting to take on this position in the Isle of Man, which is a hugely important strategic jurisdiction for the bank and where it has clear growth ambitions right across its corporate and personal banking businesses.

’I’m really looking forward to working with such a fantastic team in the island and in continuing to build relationships within the local community.’

Mr Amoedo is pictured right.