Moses joins HSBC board

HSBC Canary Wharf

Marc Moses has been appointed an executive director of HSBC Holdings plc with effect from 1 January 2014. He will continue to be a member of the Group Management Board.

Moses, 55, has been Group Chief Risk Officer since December 2010. He joined HSBC in November 2005 as Chief Financial and Risk Officer of Global Banking and Markets. In January 2008, he was given additional responsibility for operations and infrastructure in Global Banking & Markets.

Moses began his career at Sedgwick before joining Bankers Trust as a fixed income, money market and futures trader. A qualified accountant, he was audit partner and head of the market risk advisory group at PricewaterhouseCoopers. In 1999, he joined JP Morgan as European chief financial officer and global head of the valuation control group.

Commenting on the appointment, HSBC Group Chairman Douglas Flint said, 'Marc’s appointment to the Board reflects the criticality to the Board of the risk function and recognises his personal contribution to the Group over the past eight years and, in particular, his leadership of that function since his appointment as Group Chief Risk Officer in December 2010'.

image: © Barry Caruth

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