– UK, London – HSBC Holdings plc (LON: HSBA), has today announced the appointment of Dame Carolyn Fairbairn to its Board as an Independent Non-Executive Director, with effect from 1 September 2021.
She will also be appointed as a member of the Group Remuneration Committee, Group Risk Committee, and the Nomination & Corporate Governance Committee.
“Carolyn has had an exceptional career across numerous industries, both as an executive and non-executive. With the CBI, she demonstrated her ability to navigate and influence various stakeholder groups. This will be of great value to the Board in the increasingly uncertain environment we operate in today.” said Group Chairman, Mark Tucker.
He added: “We look forward to her joining the Board later in the year and the insights and fresh perspectives she will bring to our Board discussions.”
About Dame Carolyn
Dame Carolyn is a highly regarded business leader with a deep understanding of the macroeconomic and political environment. She has strong experience in media, government, and finance. In addition to her most recent role as the Director-General of the Confederation of British Industry, which she held from 2015 to 2020, she has extensive FTSE board experience, including as non-executive Director of Lloyds Banking Group plc, The Vitec Group plc, and Capita plc. She has also previously served as a non-executive Director of the UK Competition and Markets Authority and the Financial Services Authority.
Dame Carolyn holds a BA in Economics from Cambridge University, an MA in International Relations from the University of Pennsylvania, and an MBA with distinction from INSEAD.
On 11 February 2021, it was announced that Dame Carolyn would be appointed non-executive Director of BAE Systems plc (London Stock Exchange), with effect from 1 March 2021.
The HSBC Group
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and the Middle East and North Africa. With assets of US$2,956bn on 30 September 2020, HSBC is one of the world’s largest banking and financial services organizations.
For more information: https://www.hsbc.com/
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