HSBC Holdings plc, the parent company of the HSBC Group, announces that with immediate effect Noel Quinn will become Chief Executive of Global Commercial Banking (CMB).

Noel joined HSBC in 1987, and has led CMB in both Asia-Pacific (2011-2015) and the UK (2008-2011). Commercial Banking has been a core business of HSBC since the Group was founded 150 years ago. CMB is in a strong competitive position in our chosen markets with ample room to grow.

Noel succeeds Simon Cooper who has resigned as Chief Executive of Global Commercial Banking and a member of the Board of Directors of HSBC Bank Canada.

Media enquiries to:

Heidi Ashley
+44 (0) 20 7992 2045
heidi.ashley@hsbc.com

Gillian James
+44 (0) 20 7992 0516
gillian.james@hsbcib.com

Notes to editors:

HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 6,100 offices in 72 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of $2,549bn at 30 September 2015, HSBC is one of the world’s largest banking and financial services organisations.

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