HSBC announces new Global Banking chief in Australia
(12 April 2016 – Australia) HSBC has announced the appointment of Hamish Kelly as Head of Global Banking, Australia.
Kelly will be tasked with the leading the bank’s coverage of large corporate, multinational, financial and government clients within its Global Banking and Markets business. Based in Sydney, he will report locally to Tony Cripps, Chief Executive for Australia and regionally to David Morton, Regional Head of Credit and Lending, Asia-Pacific.
Kelly will continue as Head of the Financial Institutions Group in Australia, a position he has held since 2013.
In a statement, Tony Cripps said: “Under Hamish’s leadership, Global Banking will play an increasingly pivotal role in connecting our clients to the cross-border business and investment opportunities that are rising from the continued globalisation of the Australian economy.”
The London based bank forecasts that 80 percent of Australia’s exports will land on Asian shores by 2020, while, in 2015 alone, Australia attracted A$50 billion of foreign direct investment.
“With more Australian companies fuelling their growth offshore and global investors equally attracted to the liquidity, sophistication and stability of the Australian capital markets, we are seeing more and more demand from clients to access the HSBC international network,” Cripps said.
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