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Senior Appointments
26 September 2003
William Dalton, Chief Executive of HSBC Bank plc since 1998, and an Executive Director of HSBC Holdings plc, is to retire at the Annual General Meeting in May 2004 after 24 years’ service. Mr Dalton will be 60 in December this year.
Mr Dalton will be succeeded as Chief Executive of HSBC Bank plc by Michael Geoghegan (49) currently Group General Manager South America, and President HSBC Bank Brasil SA – Banco Multiplo. Mr Geoghegan, who joined HSBC in 1973, will take up his new position in January 2004. From that time until his retirement Mr Dalton, who has also overseen the development of HSBC’s worldwide personal financial services business since August 2000, will undertake a number of special projects on behalf of the HSBC Group.
Youssef Nasr (48), currently Group General Manager, President and Chief Executive Officer of HSBC USA Inc and HSBC Bank USA, will succeed Mr Geoghegan as Group General Manager South America and President HSBC Bank Brasil, effective October 2003.
Martin Glynn (51), Group General Manager, President and Chief Executive Officer, HSBC Bank Canada, will succeed Mr Nasr in the US. Mr Glynn’s position as President and Chief Executive Officer of the bank in Canada will be assumed by Lindsay Gordon (51), currently Chief Operating Officer, HSBC Bank Canada. Both these appointments are effective October 2003.
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