New chief financial officer for HSBC Bank Australia
(22 November 2011 – Australia) HSBC Bank has appointed Mike Arnold as new chief financial officer for Australia.
In this position Arnold will be responsible for all aspects of HSBC’s Australian financial management, including its local financial control, taxation, regulatory, capital and management reporting activities.
Arnold has been with the HSBC Group since 1989, and during this time has held senior leadership roles in the Group Management Office, HSBC UK and more recently for HSBC in the Middle East and North Africa (MENA).
Between 2007 and 2011, he led the HSBC finance function across MENA covering all aspects of external financial and regulatory reporting, financial commentary and disclosures, investor, analyst and rating agency liaison, management reporting, and capital and liquidity management.
Arnold brings extensive financial management experience and strong relationships with both regional and global finance colleagues to his new role. The appointment comes as his predecessor, John McKenna, returns to HSBC in the United States.
HSBC Bank Australia chief Paulo Maia said: "As one of the world’s largest banks, our Australian operations are linked by customers, shareholders and employees to major HSBC sites in London, Hong Kong and more than 80 other markets.
"With that global connectivity comes a range of complex international reporting structures to navigate different regulatory and economic regimes across the globe.
"The addition of Mike Arnold to our local management team is a prime example how we are leveraging our global experience and talent to achieve optimal performance on both a local and a global level."
Arnold has been with the HSBC Group since 1989, and during this time has held senior leadership roles in the Group Management Office, HSBC UK and more recently for HSBC in the Middle East and North Africa (MENA).
Between 2007 and 2011, he led the HSBC finance function across MENA covering all aspects of external financial and regulatory reporting, financial commentary and disclosures, investor, analyst and rating agency liaison, management reporting, and capital and liquidity management.
Arnold brings extensive financial management experience and strong relationships with both regional and global finance colleagues to his new role. The appointment comes as his predecessor, John McKenna, returns to HSBC in the United States.
HSBC Bank Australia chief Paulo Maia said: "As one of the world’s largest banks, our Australian operations are linked by customers, shareholders and employees to major HSBC sites in London, Hong Kong and more than 80 other markets.
"With that global connectivity comes a range of complex international reporting structures to navigate different regulatory and economic regimes across the globe.
"The addition of Mike Arnold to our local management team is a prime example how we are leveraging our global experience and talent to achieve optimal performance on both a local and a global level."
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