This 'Press Room' provides a convenient resource for journalists and media organisations to complement planned coverage of HSBC Insurance's Future of Retirement 2009.
Pensions 'perfect storm' looms for unprepared world HSBC Insurance study reveals
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Short-term focus of global 'downturners' revealed by HSBC Insurance study
Stephen Green is Group Chairman of HSBC Holdings plc.
He was born in England on 7 November 1948. He has degrees from Oxford University and Massachusetts Institute of Technology.
Mr Green began his career with the British Government's Ministry of Overseas Development. In 1977 he joined McKinsey & Co Inc, management consultants, with whom he undertook assignments in Europe, North America and the Middle East.
He joined The Hongkong and Shanghai Banking Corporation Limited in 1982 with responsibility for corporate planning activities, and, in 1985, was put in charge of the development of the bank's global treasury operations. In 1992 he became Group Treasurer of HSBC Holdings plc, with responsibility for the HSBC Group's treasury and capital markets businesses globally.
In March 1998 he was appointed to the Board of HSBC Holdings plc as Executive Director, Investment Banking and Markets responsible for the investment banking, private banking and asset management activities of the Group. He assumed additional responsibility for the Group's corporate banking business in May 2002. He became Group Chief Executive on 1 June 2003 and Group Chairman on 26 May 2006.
He is Chairman of HSBC Bank plc and of HSBC Private Banking Holdings (Suisse) SA. He is a director of The Hongkong and Shanghai Banking Corporation Limited, of HSBC North America Holdings Inc., and of HSBC France.
He became Chairman of the British Bankers' Association in November 2006 and Chairman of the Prime Minister's Business Council for Britain in January 2009. He is also a trustee of The British Museum, and an honorary trustee of Peking University.
Stephen Green is married with two daughters.
Clive Bannister has been the Group Managing Director of Insurance since 1 November 2006, responsible for all aspects of Insurance in the HSBC Group. Employing 10,000 professionals in ten major countries, HSBC's insurance business comprises direct, reinsurance, life and general insurance, focusing primarily on individuals and their families. In addition, the Group operates a wholesale broker, HSBC Insurance Brokers Ltd, as well as a captive insurance company called HSBC Insurance (Bermuda) Ltd, which provides reinsurance for the Group's risks.
Prior to this, Mr Bannister was appointed Chief Executive of HSBC Group Private Banking in 1998. He became Group General Manager and CEO of HSBC Group Private Banking in July 2001.
Between 1996 and 1998, Clive was Head of Investment Banking and Deputy CEO of HSBC Securities Inc in New York, overseeing the Group's debt and equity securities business in the Americas.
In 1998, Mr Bannister also took up a role of Special Advisor to the then Group Chairman, John Bond, for developing HSBC Group's five-year strategy "Managing for Value".
From 1994 to 1996, Clive Bannister was Director and Head of Planning and Strategy, HSBC Investment Bank Holdings plc.
Before joining HSBC in 1994, Clive was a Partner in the financial consulting practice of Booz Allen & Hamilton. He has an MA in Politics, Philosophy and Economics from Exeter College, Oxford University.
Mark has worked as a consultant to the financial services industry since 2002. During that time he has developed a wide range of thought leadership research across the insurance sector.
This has included a number of projects in the life and pensions sector for clients, including Scottish Widows, GE Life and Axa. Mark has also undertaken similar projects for banks and asset management groups. He is currently working on a campaign to help promote greater consumer awareness of life insurance products in the UK and has been advising the UK Treasury group on financial services global competitiveness.
Open the 2009 Report 'The Future of Retirement - It's time to prepare' Flip Book
Open the 2009 Report 'The Future of Retirement - It's time to prepare'
(64 page pdf 2,187K)
Stuart Disbrey
Email:
sdisbrey@bell-pottinger.co.uk
Tel +44 (0) 20 7861 2495
or +44 (0) 7789 500 465
Lucy McCartney
Email:
lmccartney@bell-pottinger.co.uk
Tel +44 (0) 20 7861 2507
or +44 (0) 7944 611 57