Noel Quinn
Noel Quinn is a British banking executive and the Group Chief Executive Officer of HSBC. Quinn began his career at HSBC in 1987, ascending through various roles within the bank. He was first appointed as interim CEO in 2019 and took permanent leadership of the bank in 2020. Under his leadership, HSBC achieved record profits and the strongest returns in more than a decade. He played a crucial role in navigating challenges during and after the coronavirus pandemic, as well as heightened geopolitical tensions that weighed on the bank’s key market, China. He also led a series of strategic reviews that culminated in a plan to boost the bank’s investment in its Asian business, while cutting back in developed Western markets such as the US and France. Quinn stepped down after five years in charge of Europe’s largest bank. He will remain CEO until his successor starts in the role.
Noel Quinn Professional Experience / Academic History
Professional Experience
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Group Chief Executive
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Interim Group Chief Executive
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Chief Executive, Global Commercial Banking
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Regional Head of Commercial Banking, Asia Pacific
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Head of Commercial Banking, UK
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Head of Commercial Finance, Europe
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Group Director, North America Insurance
Academic History
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BA (Hons) in Accountancy
HSBC CAREER HIGHLIGHTS
Quinn has successfully simplified and focused the bank, most recently with the sale of the Canada and Argentina operations and built a leading position on sustainability.
He has also restored momentum to the bank's profits and share price by getting rid of slashing in size underperforming business, including the lender's retail banking businesses in the United States and France.
He also won a major showdown with the bank’s No. 1 Asian investor, China’s Ping An Insurance.
HSBC CAREER
Quinn has been with HSBC – or its constituent companies – since 1987, when he joined Forward Trust Group, a subsidiary of Midland Bank, now HSBC UK.
He led HSBC’s acquisitions of Swan National Motor Finance and Eversholt Leasing Ltd, becoming General Manager of each business in turn.
He subsequently served as Head of Specialised and Equity Finance at HSBC; Group Director of Strategy & Development at HSBC Insurance Services North America; Head of Commercial Finance Europe; and Head of Commercial Banking UK.
CURRENT AFFILIATIONS
Non-Executive Director, Sustainable Markets Initiative
Chairman, Financial Services Taskforce
Member, World Bank Private Sector Investment Lab
MEDIA & PUBLICATIONS
Quinn has been featured in numerous financial media outlets and publications, including Bloomberg, Financial Times, the Wall Street Journal, Reuters, CNBC, CNN, and many more.