HSBC HOLDINGS PLC
CHANGES TO BOARD COMMITTEE COMPOSITION AND
APPOINTMENT OF SENIOR INDEPENDENT DIRECTOR
HSBC Holdings plc (the 'Company') has today announced that David Nish will succeed Sir Jonathan Symonds to the positions of Senior Independent Director and Chairman of the Group Audit Committee and will become a member of the Group Risk Committee with effect from 18 February 2020.
HSBC's Group Chairman, Mark Tucker, said:
"On behalf of the Board, I would like to thank Jon for his outstanding personal commitment and invaluable contribution to the Board and its Committees particularly in his role leading the Group Audit Committee and excellent guidance provided to me and my fellow Directors through his role as Senior Independent Director and Deputy Chairman.
"I am delighted that David has agreed to take up the Senior Independent Director and Group Audit Committee Chairman roles. He has been a Director of the Company since May 2016 and is a member of the Group Audit Committee and Group Remuneration Committee. His extensive Board experience in financial services, corporate governance and financial reporting place him extremely well to assume these roles. I look forward to working more closely with David in 2020 and beyond."
For and on behalf of the Board
Aileen Taylor
Group Company Secretary and Chief Governance Officer
Media enquiries to:
Gillian James +44 (0)20 7992 0516 [email protected]
Note to editors:
HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. HSBC serves customers worldwide from offices in 65 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,728bn at 30 September 2019, HSBC is one of the world's largest banking and financial services organisations.
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