31 July 2024
HSBC HOLDINGS PLC
GROUP CFO SUCCESSION
HSBC Holdings plc (the 'Company')
today announces that Jonathan (Jon) Bingham has been appointed as
Interim Group Chief Financial Officer with effect from 2 September
2024. He will not be appointed as an Executive Director.
Jon will retain his existing
responsibilities as Global Financial Controller whilst holding the
role of Interim Group CFO.
As HSBC Global Financial Controller,
he is responsible for a global team and provides stewardship of
HSBC external financial, regulatory, ESG and Tax reporting.
Externally, he Chairs the UK Finance
Prudential, Reporting and Taxation Policy
Committee and is a member of the Financial Services Faculty Board
of the Institute of Chartered Accountants in England and
Wales.
Prior to joining HSBC in 2020, Jon
worked for KPMG LLP for 20 years, of which the final 10 years were
as a Banking Partner, in which he led KPMG's relationships with its
large international banking clients.
HSBC Group Chief Executive
Designate, Georges Elhedery, said: "Jon has outstanding technical
accounting and regulatory knowledge and expertise and was the clear
choice to provide interim succession for the Group CFO
role."
A process to identify the next
permanent Group CFO, is underway. An update will be provided on the
outcome of this search in due course.
For and on behalf of
HSBC Holdings plc
Aileen Taylor
Group Company Secretary and Chief
Governance Officer
HSBC Holdings plc
Registered Office and Group Head Office:
8 Canada Square, London E14 5HQ,
United Kingdom
Web: www.hsbc.com
Incorporated in England with limited liability. Registered in
England: number 617987
Note to editors:
1.
Professional Qualifications of Mr Bingham
· Fellow, Institute of
Chartered Accountants of England and Wales
· Executive MBA,
Edinburgh / Paris
· BSc Economics,
University of York, England
2.
Career History of Mr Bingham
· HSBC, Global Financial
Controller, 2020 to date
· KPMG, Partner, Banking,
2010 to 2020
· KPMG, various banking
audit roles including COO of KPMG UK Financial Services, 2010 to
2020
3.
Board of Directors
The Board of Directors of HSBC
Holdings plc as at the date of this announcement
comprises:
Sir Mark Edward Tucker*, Noel Paul
Quinn, Geraldine Joyce Buckingham†, Rachel
Duan†, Georges Bahjat Elhedery, Dame Carolyn Julie
Fairbairn†, James Anthony Forese†, Ann
Frances Godbehere†, Steven Craig
Guggenheimer†, Dr José Antonio Meade
Kuribreña†, Kalpana Jaisingh Morparia†,
Eileen K Murray†, Brendan Robert Nelson† and
Swee Lian Teo†.
*
Non-executive Group Chairman
† Independent non-executive
Director
4.
HSBC Group
HSBC Holdings plc, the parent
company of the HSBC Group, is headquartered in London. HSBC serves
customers worldwide from offices in 60 countries and territories.
With assets of US$2,975bn at 30 June 2024, HSBC is one of the
world's largest banking and financial services
organisations.
Media enquiries to:
Heidi
Ashley +44
(0) 7920
254057
heidi.ashley@hsbc.com