Prime Highlights:

Lisa McGeough has been named President and CEO for HSBC in the United States, effective January 1, 2025, marking the first female CEO in the region in over a decade and only the second in HSBC’s 150-year history.

McGeough will oversee all of HSBC’s U.S. operations, including the expansion of Corporate and Institutional Banking in North America, and will be based in New York City.

Key Background:

HSBC has appointed Lisa McGeough as President and Chief Executive Officer for the United States, effective January 1, 2025. McGeough’s appointment marks a significant milestone as the first female CEO in the region in over a decade and only the second woman in the 150-year history of HSBC to hold this role.

Based in New York City, McGeough will lead HSBC’s operations in the U.S., overseeing all regional businesses and steering the growth of the newly integrated wholesale business, Corporate and Institutional Banking, in North America. In addition, she will serve as Director of the HSBC North America Management Board and Chair of the HSBC Bank USA Management Board.

Michael Roberts, CEO of HSBC Bank plc and Corporate and Institutional Banking, expressed his confidence in McGeough’s leadership, highlighting her extensive expertise and deep understanding of HSBC’s global strategy. “With Lisa’s leadership, we are confident that the U.S. business will continue to be a key driver of HSBC’s global growth,” Roberts said. “She will act as a super-connector between the U.S. and the rest of the world, ensuring we deliver best-in-class products and services to our clients.”

McGeough, who joined HSBC in 2021, brings over 35 years of banking experience to the role. She most recently served as Co-Head of Global Banking Coverage, overseeing Global Banking Europe. Prior to HSBC, she had a distinguished 15-year career at Wells Fargo, where she held various leadership roles, including Executive Vice President and Head of International, as well as Co-Head of Corporate & Investment Banking.

Reflecting on her new position, McGeough said, “Becoming the U.S. CEO for HSBC is one of the highest professional highlights of my career. I am excited to seize the immense opportunity in the financial capital of the world and look forward to working with our talented team to deliver exceptional value for our clients globally.”