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Management Team Appointments

26th Feb 2008 10:00

HSBC Holdings PLC26 February 2008 HEADS OF HR AND RISK APPOINTED TO HSBC'S TOP MANAGEMENT TEAM Ann Almeida, Group Head of Human Resources, and Brian Robertson, Group ChiefRisk Officer, have been appointed Group Managing Directors and join the HSBCGroup Management Board with effect from 25 February 2008. Chaired by Group Chief Executive, Michael Geoghegan, the 11-person GroupManagement Board constitutes the executive management team responsible forrunning the company and the operating performance globally. Michael Geoghegan said: "We have a huge opportunity to join up HSBC acrossgeographies and businesses for the benefit of our customers. To do this we needto fully connect the operating businesses to the global infrastructure thatsupports them. It is, therefore, absolutely right that Ann, who is taking ourperformance culture forward, and Brian, who runs credit and risk globally, taketheir place on HSBC's top management team." Ann Almeida (51), a Group General Manager, joined HSBC in 1992 and waspreviously Global Head of HR for Global Banking & Markets (1996-2007). She hasalso been Director of HR for Private Banking, for Global Transaction Banking andfor HSBC Amanah. She became Group Head of Human Resources in July 2007, chargedwith nurturing the company's performance culture, developing future managementand achieving our employee engagement ambitions across HSBC's 325,000 peoplearound the world. Brian Robertson (53) joined HSBC in 1975 and has worked in Asia, North Americaand Europe across retail, commercial and investment banking. In 2003 he becameHead of Global Banking & Markets for North America. Two years later he returnedto London as Group General Manager, Group Credit and Risk. Brian was appointedGroup Chief Risk Officer in September 2007. His function oversees majortransactions and ensures that the Group continues to operate with conservative,robust and globally implemented financial and operational risk management procedures. Note to editors:HSBC Holdings plcHSBC Holdings plc serves over 125 million customers worldwide through around10,000 offices in 83 countries and territories in Europe, the Asia-Pacificregion, the Americas, the Middle East and Africa. With assets of some US$2,150billion at 30 June 2007, HSBC is one of the world's largest banking andfinancial services organisations. HSBC is marketed worldwide as 'the world'slocal bank'. This information is provided by RNS The company news service from the London Stock Exchange

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