HSBC appoints new CEO

Tuesday 20 November 2018

HSBC has appointed Sue Fox as CEO of HSBC in the Channel Islands and the Isle of Man.

Ms Fox is currently the CEO of M&S Bank, which is part of the HSBC Group, and has been with HSBC for over 30 years. Since joining M&S Bank in 2014, Sue has led the business through the launch of its first mainstream current account and its first mortgage range.

Prior to joining M&S Bank, Ms Fox held a number of senior positions in HSBC, including Global Head of Physical Distribution. She has worked both in the UK and overseas, including managing the HSBC branch network in Manhattan, New York. 

The appointment will be effective from 1 February 2019, subject to regulatory and other approvals.

Chris Davies, CEO of Europe International, said, “Sue is an excellent leader for this important market. She will build on the successful strategy that we’ve established here under Tracy Garrad’s skilful leadership.”

Ms Fox commented: “I’m delighted to be joining HSBC’s business in the Channel Islands and the Isle of Man at such an exciting time. We have the opportunity to further grow HSBC’s propositions and use our unique global banking network to benefit the islands’ customers. Equally important to me is fostering an inclusive and positive workplace and I very much look forward to working closely with our 1,200 talented colleagues.” 

Ms Fox has been ranked as a leading LGBT+ Ally Executive by OUTstanding in association with the FT for the last two consecutive years. She was also recently ranked in the FT and HERoes Top 100 Female Executives list. 

Pictured top: Sue Fox.