HSBC Holdings welcomes Steve Guggenheimer to its Board as Independent Director

– UK, London –  HSBC Holdings plc (LON: HSBA) has today announced the appointment of Steve Guggenheimer to its Board as an independent non-executive Director effective from 1 May 2020. Steve will also be appointed as a member of the Group Risk Committee and the Nomination & Corporate Governance Committee.

“I am delighted to welcome Steve to the Board. His significant experience of digital transformation, AI and Cloud computing will bring an invaluable perspective to the Board. Steve’s excellent track record in advising large complex businesses on the impact of technology and how to change will support HSBC’s strategic transformation.” said Group Chairman, Mark Tucker.

The Company further announces that Kathy Casey does not intend to seek re-election to the Board at the Annual General Meeting on 24 April 2020, and will formally retire from the Board at the conclusion of the AGM.

Board Chairman, Mark Tucker, said: “On behalf of the Board, I would like to thank Kathy for her outstanding commitment and invaluable contribution to the Board and its Committees over the past six years. Kathy brought extensive financial regulatory policy experience and has provided excellent guidance, counsel and oversight to the Group Audit Committee, the Financial System Vulnerabilities Committee, and most recently as a member of the Group Risk Committee.”

About Steve Guggenheimer

Steve is an accomplished technology executive with more than 25 years of experience at Microsoft, where he has held a variety of senior and large-scale leadership roles. These include Corporate Vice President, Artificial Intelligence; Corporate Vice President, Chief Evangelist; and Corporate Vice President, Original Equipment Manufacturer.

HSBC Holdings plc

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$2,715bn at 31 December 2019, HSBC is one of the world’s largest banking and financial services organisations.

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