HSBC United States recently announced the appointment of Lisa McGeough as president and CEO.
She is the first woman CEO in the region in over a decade, and only the second in the company’s 150-year history.
McGeough will oversee all businesses in the region and will drive the expansion of the company’s Corporate and Institutional Banking business. Reporting to Michael Roberts, the new CEO of HSBC Bank plc, and CEO of Corporate and Institutional Banking, McGeough will also be director of HSBC North America Management Board, and as chair of the HSBC USA Management Board.
“Becoming the US CEO for HSBC is one of the highest professional highlights of my career,” said McGeough. “I am extremely excited to capture the immense opportunity in the financial capital of the world. With this talented team, and our unmatched expertise, we will continue to deliver for our clients here in the US, and around the world.”
McGeough join HSBC in 2021 and has more than 35 years of banking industry experience, most recently as co-head of Global Banking Coverage with regional responsibility for Global Banking Europe. Before coming to HSBC, McGeough was at Wells Fargo as executive vice president and head of international. Over her 15-year career at Wells Fargo, McGeough headed up corporate and investment banking, financial institutions and industrial groups and the London-based Wells Fargo Securities International Limited.
“I am delighted to have Lisa as our next CEO for the U.S.,” Roberts said. “The U.S. remains a critical market for HSBC’s global growth strategy. With Lisa’s leadership, expertise, and deep understanding of our business, I am confident that she will drive our U.S. operations forward, acting as a super-connector between the U.S. and the rest of the world. Together, we will continue to deliver best-in-class products and services to our clients.”
Roberts will also have oversight of the United States, Americas, and Europe divisions and will be based in London.