HSBC appoints Lisa McGeough as President and CEO for the United States

The appointment marks the first female CEO in the region in over a decade and only the second in its 150-year history

NEW YORK--(BUSINESS WIRE)--HSBC announced that Lisa McGeough has officially been appointed President and Chief Executive Officer for the United States, effective January 1, 2025. In this role, Lisa will lead the next phase of growth for the United States, overseeing all businesses in the region. She will also drive the expansion of the newly integrated wholesale business, Corporate and Institutional Banking, in North America. Lisa will be based in New York City.

Lisa will report to Michael Roberts in his new role as CEO of HSBC Bank plc, and CEO of Corporate and Institutional Banking. She will be joining as Director of HSBC North America Management Board, and as Chair of the HSBC Bank USA Management Board.

“I am delighted to have Lisa as our next CEO for the US,” said Michael Roberts. “The US 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 US operations forward, acting as a super-connector between the US and the rest of the world. Together, we will continue to deliver best-in-class products and services to our clients.”

“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.”

Lisa joined HSBC in 2021 and has more than 35 years of experience in the banking industry. Lisa most recently served as the Co-Head of Global Banking Coverage, with regional responsibility for Global Banking Europe. Before joining HSBC, Lisa was at Wells Fargo where she served most recently as Executive Vice President and Head of International. Over a 15-year career at Wells, Lisa was also Co-Head of Corporate & Investment Banking, Head of both the Financial Institutions and Industrials groups, and the London-based CEO of Wells Fargo Securities International Limited, responsible for leading investment banking and capital markets activities in EMEA.

As previously announced, Michael Roberts is appointed CEO of HSBC Bank plc, while leading Corporate and Institutional Banking, with oversight over the United States, Americas and Europe, effective January 1, 2025. Michael will be based in London.

About HSBC

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 60 countries and territories. With assets of US$3,099bn at 30 September 2024, HSBC is one of the world’s largest banking and financial services organizations.