Kaber Mclean appointed as HSBC Australian CEO
November 28, 2022
Finance

Kaber Mclean appointed as HSBC Australian CEO

On Thursday, HSBC announced the appointment of Kaber Mclean as the CEO of its Australia unit. The lender is looking to expand its footprint in the region, even though the Hong Kong unit of the bank continues to face anti-government riot pressure.

Mclean has been with the bank since 1996 and had been appointed to many senior roles including that of President and CEO of HSBC Japan from 2012 to 2016.

He will be at the forefront of pushing into Australian markets as it looks to expand its retail and commercial banking, wealth management and global banking market share in the continent.

HSBC operated in Australia via 45 branches and offices.

Mclean is set to begin in the position in March and is to succeed Martin Tricaud who left to pursue the role of the Middle East, North Africa and Turkey regional CEO.

Noel McNamara held the position of interim CEO from June 2019 and will hold the position of chief risk officer as soon as Mclean takes the position.

Hong Kong was HSBC’s single most important market and the anti-government protests in the area have hit profits and operations.

(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.

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