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Rachel Lomax

Rachel Lomax

Senior independent non-executive Director, Chairman of the Conduct & Values Committee, member of the Nomination Committee and the Group Risk Committee

Rachel Lomax joined the HSBC Board of Directors in 2008 and was appointed Senior Independent Director in April 2015. She has experience in the public and private sectors, plus a deep knowledge of the operations of the UK government and financial system.

Her previous appointments include Deputy Governor, Monetary Stability, at the Bank of England (BoE) and a member of the BoE’s Monetary Policy Committee; Permanent Secretary at the UK Government Departments for Transport and Work and Pensions and the Welsh Office; Vice President and Chief of Staff to the President of the World Bank, President of the Institute of Fiscal Studies; Chairman of the International Regulatory Strategy Group and director of TheCityUK. She was also a non-executive director of Reinsurance Group of America Inc. and The Scottish American Investment Company plc.

Ms Lomax is currently a director of Bruegel, a Brussels-based European think tank; non-executive director of Arcus European Infrastructure Fund GP LLP and Heathrow Airport Holdings Limited; member of the Council of Imperial College, London and trustee of the Ditchley Foundation. She is also a non-executive director and chairman of the corporate responsibility committee of Serco Group.

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Laura Cha, GBS
Laura Cha, GBS

Independent non-executive Director, Chairman of the Philanthropic & Community Investment Oversight Committee, and member of the Nomination Committee and the Conduct & Values Committee