hsbc north america board of directors

hsbc north america board of directors

of HSBC Bank plc. Since April 2012, he has served as Head of Personal Financial Services from 2000 to 2004. He oversees HSBC Holdings plcs Americas businesses which serve domestic and international customers across Wealth and Personal Banking, Commercial Banking, and Global Banking & Markets. (HBUS) Boards of Directors. Operations Y/Y, Hsbc Usa Inc'sWorking Capital Per Revenue, HSBCUSA'sSuppliersManagementEffectiveness, HSBCUSA'sEmployee Efficiency at the Competitors, HSBCUSA'sCompetitorsManagementEffectiveness, Hsbc Usa Inc'sCustomersExpenditureGrowthRates, Hsbc Usa Inc'sCustomersStockPerformance, Hsbc Usa Inc'sCustomersWorkforceEfficiency. experience with HSBC is highly relevant as we seek to operate our core businesses financial institutions in the areas of governance, regulatory and risk management. Schroeder is the author of the #1 New York Times best-selling book, The Snowball: Warren Buffett and the Business of Life. She is the only author with whom Buffett has ever cooperated on a biography. For more information, visit https://www.us.hsbc.com/. Bailey later joined the Board of Governors of the Federal Reserve, where she rose to Deputy Director of Banking Supervision and Regulation and helped steer the financial industry through major regulatory and supervisory changes stemming from the financial crisis. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. HSBC serves customers worldwide from offices in 64 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, the Middle East and North Africa. offered by HSBC Insurance Agency (USA) Inc., a wholly owned subsidiary of Household consumer finance business. Rhydian H. Cox, age 54, joined the HSBC USA and HSBC North America Boards in 2023. Schroeder is the author of the #1 New York Times best-selling book, The Snowball: Warren Buffett and the Business of Life. She is the only author with whom Buffett has ever cooperated on a biography. The next site will open in a new browser window. include serving on the International Financial Reporting Interpretations Committee (HBUS). Note: HSBC is not responsible for any content on third party sites, nor does a link suggest endorsement of those sites and/or their content. We appreciate you taking the time to give us feedback. provided her with a broad base of leadership, international, marketing/consumer He serves on the Advisory Board of Blooma, Inc., a software-based Commercial Real Estate lending platform. She also served on the firms US Retirement Committee and was an active member of Deloittes Chief Financial Officer (CFO) program, where she created and led a program focused on building a pipeline of female CFOs. In the United States, deposit products are offered by HSBC Bank USA, N.A., Member FDIC, investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc. HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. Elmgart is currently Chief Technology Officer and a member of the Management Committee of Global Atlantic Financial Group, a majority owned subsidiary of KKR and a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. HSBC Bank USA today announced the recent appointments of Deborah P. Bailey, Melvin L. Flowers, George W. Madison and Alice D. Schroeder to the HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, N.A. London. As at 13 December 2022. on several occasions. Business from 2006 to 2008, having first joined Citigroup in 2001 as Deputy Mr. Blakely has often been sought out as an industry expert on matters pertaining He is also a member of the HSBC Bank USA Board and a non-voting Constitution Project, a member of the Committee for Economic Development and As a Certified Public Accountant with extensive financial and accounting experience, serves 1. Committee since July 2014. The Group Remuneration Committee oversees the Group's reward policy and its application to Group businesses. Jane C. Sherburne, age 65, joined the HSBC USA, HSBC Bank USA and HSBC North William Hartmann has been working as a Member Board of Directors for HSBC North America Holdings, HSBC USA, Inc., HSBC Bank USA, N.A. America Boards in April 2012. services organisations. Thank you. Flowers is a former Corporate Vice President of the Internal Audit and Risk Management function at Microsoft Corporation. She began her career with the Office of the Comptroller of the Currency, where she held various roles, including the New York Field Office Director. (NEW YORK) - HSBC Bank USA today announced the recent appointments of Carol H. Larson, William Hartmann, Padma Elmgart and Lisa Polsky to the HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, N.A. member of the Wharton Graduate Executive Board, and as a member of Natural Lands Mr Elhedery, aged 48, served on the board of The Saudi British Bank, a company listed on the Saudi Stock Exchange, from 11 December 2016 to 1 September 2019. September 2022, HSBC is one of the worlds largest banking and financial She began her career as a CPA with Ernst & Young and spent the majority of her executive career in the financial services sector. You are leaving HSBC.com. He has not held any other directorships in any other publicly listed company, whether in London, Hong Kong or overseas, during the previous five years. HSBC serves customers worldwide from offices in 64 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, the Middle East and North Africa. The following standards, together with the charters of committees of the Board of Directors (the "Board"), provide the framework for the corporate governance of HSBC North America Holdings Inc. ("HNAH") and its primary subsidiaries HSBC Finance Corporation, HSBC USA Inc. and HSBC Bank USA, NA (each, the "Corporation"). HSBC Life aims to boost wellbeing by combining insurance and banking in one service. HSBC Finance Corporation (owner and servicer of a portfolio of residential real estate loans) and HSBC North America Holdings, Inc. (holding company for HSBC Holdings plc's operations in the United States) Chief Executive Officer, 2005 to 2007 Current Public and/or Investment Company Directorships The Allstate Corporation, since 2014 He has also been a member of Mr. Ameen served as Vice President, Comptroller, and Principal Accounting Officer View the full release here: https://www.businesswire.com/news/home/20220201005838/en/, When we set out to appoint new members to our Boards, we were focused on finding experienced individuals who would bring diverse views and perspectives, said Jamie Forese, Non-Executive Chairman of the Board, HSBC North America Holdings Inc., and Director of HSBC Holdings plc. Prior to this appointment, Mr. Burke was Chief Executive of HSBC Finance Corporation from July 2010 to September 2014, with responsibility for winding down the legacy Household consumer finance business. Im delighted that he will be the CEO of Global Banking and Markets. NEW YORK--(BUSINESS WIRE)-- been a member of the HSBC North America and HSBC Bank USA Boards also since HSBC serves customers worldwide from offices in 63 countries and HSBC Life aims to boost wellbeing by combining insurance and banking in one service. HSBC Bank USA, N.A. I would like to warmly thank my colleagues and friends who have made my time at the bank so fulfilling. Build your career at HSBC. Deborah P. Bailey, Melvin L. Flowers, George W. Madison and Alice D. Schroeder are the newest Board Members of HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, N.A. Mistretta has also served as Director of The Scotts Miracle-Gro Company since USA Board of Directors since July 2014, the respective Chairmans Committee Mr. Ameen is an alumnus of the University of North Carolina, Chapel Hill and The payment in lieu of notice will be paid shortly following the Departure Date. Both HSBC North America Holdings Inc and HSBC Asia Holdings Ltd issue regulatory debt to HSBC Holdings plc as the creditor. Chair of The New York City Bar Fund, a member of the Executive Committee of Michael Roberts is President, CEO and Executive Director of HSBC North America Holdings Inc., and also serves as Chairman of HSBC Bank USA, N.A., and HSBC USA Inc. Deborah P. Bailey, Melvin L. Flowers, George W. Madison and Alice D. Schroeder are the newest Board Members of HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, N.A. Read the latest views from HSBC experts and analysis from our economists. Counsel for Bank of New York Mellon from 2010 to 2014, with responsibility for He is also a member of its Chairmans Schroeder is an experienced non-executive director, whose board roles include UK and US-listed businesses as well as privately held companies and regulated subsidiaries. affairs. President Obama in July 2010. (HBUS), Community Reinvestment Act and HSBC Community Development. Prior to this appointment, Mr. Burke was Chief Executive of HSBC Finance Corporation is highly relevant to HSBC USA's support of HSBC's global strategy. The next website will open in a new browser window or tab. He will also receive his fixed pay allowance in respect of the unserved notice period. on Corporate Reporting of Financial Executives International and was a Trustee Mr. Blakely is a member of the Senior Advisory Board of Oliver Wyman Group (OWG) All Rights Reserved. of strategy, finance and business roles during his career in the US, UK and HSBC Bank USA, N.A. principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC We are delighted to welcome Carol, William, Padma and Lisa to our Boards, said Jamie Forese, Non-Executive Chairman of the Board, HSBC North America Holdings Inc., and Director of HSBC Holdings plc. 2014. Before sending us your information, please read our privacy policy. She spent her early career at Citigroup on the trading floor and went on to work at Barclays, Lehman Brothers and JP Morgan. She began her career as a CPA with Ernst & Young and spent the majority of her executive career in the financial services sector. As a consequence, and having considered the recommendation of the Group Chief Executive, the Board has approved the appointment of a new Group Chief Financial Officer and the consolidation of the leadership of Global Banking and Markets into one role. in its Financial Services group. He also has a depth of technical knowledge from Hartmann retired from KeyCorp in 2018 after serving as Chief Risk Officer for six years. Mr. Cox was Chief Risk Officer, Asia-Pacific from 2008 to 2014. William R. P. Dalton, age 72, joined the HSBC USA Board in May 2008. The Board of Directors of HSBC Holdings plc as at the date of this announcement comprises: Mark Tucker1, Noel Quinn, Geraldine Buckingham2, Rachel Duan2, Carolyn Julie Fairbairn2, James Anthony Forese2, Steven Guggenheimer2, Jos Antonio Meade Kuribrea2, Eileen K Murray2, David Nish2, Ewen Stevenson and Jackson Tai2. (HBUS) Boards of Directors. North America, Latin America, and Middle East and North Africa. Ewen Stevenson, Group Chief Financial Officer, said: It has been an absolute privilege to be part of the senior team leading a fundamental turnaround of the operating performance of HSBC over recent years. He joined the HSBC Group in 1989 and was appointed as an HSBC Group Madison is a former Partner at Sidley Austin LLP, where he advised the firms multinational clients on corporate governance issues and regulatory compliance matters. This can be a moment for the energy sector to step up with new solutions to the climate crisis. HSBC Bank USA today announced the recent appointments of Deborah P. Bailey, Melvin L. Flowers, George W. Madison and Alice D. Schroeder to the HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, N.A. Ms. Mistretta was also active in the CEO/Board Services Practice of You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. From April 1998 to January 2004 he was Chief Executive During his time at the company, Flowers transformed Microsofts internal audit and enterprise risk management functions into a strategic risk-based organization that covered financial reporting, risk management, cyber security, privacy and compliance with regulations and company commitments. In this capacity, Madison played an instrumental role in the formulation of the Dodd-Frank legislation and related regulation, and advised on the creation of the Financial Stability Oversight Council and the Consumer Financial Protection Bureau. 2014. As a consequence, a number of holding companies across the Group have been nominated as resolution entities. chair of HSBC North America . Over the course of her career at Deloitte, Larson held various leadership roles, including National Audit Partner for Banking, Lead Audit Partner for the Federal Reserve System during the financial crisis, senior advisor to the Global Central Bank Practice and Financial Services Audit Leader. serves customers through wealth and personal banking, commercial banking, private banking, and global banking and markets segments. Read the latest views from HSBC experts and analysis from our economists. He joined the HSBC Finance Board in May 2011, is also the Chairman of the HSBC Bailey later joined the Board of Governors of the Federal Reserve, where she rose to Deputy Director of Banking Supervision and Regulation and helped steer the financial industry through major regulatory and supervisory changes stemming from the financial crisis. Bank USA and HSBC North America Audit Committees since April 2014. Flowers is a former Corporate Vice President of the Internal Audit and Risk Management function at Microsoft Corporation. Georges Elhederys appointment as an Executive Director will be commencing on 1 January 2023 and will continue thereafter subject to a 12 month notice period on either side, subject to election at the next annual general meeting of the Company. By Max Colchester. Flowers and Madisons appointments are effective as of Jan. 11 while Bailey and Schroeder were appointed in late October 2021. she serves as an independent director of Teledyne Technologies since August View source version on businesswire.com: https://www.businesswire.com/news/home/20220201005838/en/, HSBC Repurchases About 4.9 Million Shares in London, Hong Kong Bourses, HSBC Issues SG$600 Million of Resettable Notes, HSBC Holdings Appoints Ian Tandy as Asia Pacific Co-head of GTRF, QUICK LOOK: New Banking Suit Alleges HSBC Poached SVB Employees, Trade Secrets, Cboe Europe - 08:55:15 2023-06-08 am EDT, https://www.businesswire.com/news/home/20220201005838/en/. aspmediarelations@hsbc.com.hk. Like other major banks, the Group is required by regulators to have a recovery plan. Ms. Sherburne also serves On average, William Hartmann works for one company for 8 years 7 months. of the HSBC North America Chairmans Committee since July 2014 and Nominating The leadership has repositioned the business by exiting underperforming and non-strategic portfolios, maintaining a tight grip on costs, and investing in areas of growth. She is a non-executive director of MFA Financial Inc. and Verifone. Bailey later joined the Board of Governors of the Federal Reserve, where she rose to Deputy Director of Banking Supervision and Regulation and helped steer the financial industry through major regulatory and supervisory changes stemming from the financial crisis. HSBC Finances Board since December 2013. He has presented at numerous industry conferences, academic Since December 2013, Mr. Whitford has served as a member of the Board of Directors HSBC serves customers worldwide from offices in 64 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, the Middle East and North Africa. These are HSBC Holdings plc, HSBC North America Holdings Inc and HSBC Asia Holdings Ltd. in the accounting profession provides him with highly relevant expertise for in November 2014. You are leaving HSBC.com. Oliver Wyman is a highly respected, global consulting firm. Accounting Standards Board Emerging Issues Task Force, was Chair of the Committee In this capacity, Madison played an instrumental role in the formulation of the Dodd-Frank legislation and related regulation, and advised on the creation of the Financial Stability Oversight Council and the Consumer Financial Protection Bureau. Media enquiries to: Nancy G. Mistretta, age 61, joined the HSBC USA, HSBC Bank USA and HSBC North He has He is a member of the of General Electric Company ("GE") until March 2008. Endless possibilities, diverse outlooks. Trusts Presidents Council. Flowers is a former Corporate Vice President of the Internal Audit and Risk Management function at Microsoft Corporation. In the United States, deposit products are offered by HSBC Bank USA, N.A., Member FDIC, investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc. HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. Noel Quinn, Group Chief Executive of HSBC, said: Georges is an exceptional leader with strong experience of leading a global business and a major geographic region. banking industry knowledge and insight with respect to the Global Banking and Please be aware that the external site policies, or those of another HSBC Group website, may differ from our website terms and conditions and privacy policy. The next website will open in a new browser window or tab. and as a member of their respective Audit and Risk Committees since April 2012. Jersey; New York; Virginia; and Washington. Canada. HSBC Bank USA, National Association (HSBC Bank USA, N.A.) Updated . Our principal holding company, HSBC Holdings plc, is a public limited company incorporated in England. Join to view profile HSBC North America Holdings Inc. . (HBUS). HSBC Bank USA, National Association (HSBC Bank USA, N.A.) She began her career as a CPA with Ernst & Young and spent the majority of her executive career in the financial services sector. Mr Stevenson will continue to be covered by the Companys D&O insurance and will benefit from an indemnity in respect of third party liabilities. Madison is a former Partner at Sidley Austin LLP, where he advised the firms multinational clients on corporate governance issues and regulatory compliance matters. Hartmann joined KeyCorp in 2010 as the banks first Chief Credit Officer. Schroeder is an experienced non-executive director, whose board roles include UK and US-listed businesses as well as privately held companies and regulated subsidiaries. Mr Stevenson will receive a payment of up to 417,885 from the Company in lieu of his base salary and pension allowance from the Departure Date until 25 October 2023, which is the date on which his notice period ceases. Flowers is a former Corporate Vice President of the Internal Audit and Risk Management function at Microsoft Corporation. Patrick J. Burke, age 54, joined the HSBC USA, HSBC Bank USA and HSBC North HSBC has begun hunting for new nonexecutive directors as part of a shake-up of its board, according to person familiar with the matter. See our Cookie Policy. Phillip D. Ameen, age 67, joined the HSBC USA and HSBC Bank USA Boards in May Schroeder is the author of the #1 New York Times best-selling book, The Snowball: Warren Buffett and the Business of Life. She is the only author with whom Buffett has ever cooperated on a biography. Bailey later joined the Board of Governors of the Federal Reserve, where she rose to Deputy Director of Banking Supervision and Regulation and helped steer the financial industry through major regulatory and supervisory changes stemming from the financial crisis. Previously, he worked at Citigroup for nearly 30 years, holding roles in both the US and Hong Kong. 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hsbc north america board of directors