View more on these topics

HSBC appoints combined chief executive

Ken Harvey has been appointed to the newly created role of chief technology and services officer at HSBC.

The position combines the role of chief information officer, which concerns technology, and group chief operating officer.

Harvey will take the role from October 1, drawing on 25 years of technology and operations experience.

The current chief operating officer David Hodgkinson will retire from the group on December 31 after working for the company for 39 years.

Michael Geoghegan, group chief executive of HSBC, says: “By combining our technology and worldwide operations more closely we can re-engineer customers’ experience of HSBC and at the same time drive down the unit cost of production.

“Harvey’s appointment to the group management board is a reflection of the importance we attach to realising these benefits for HSBC.”

He adds: “Hodgkinson’s international banking experience and wise counsel have been invaluable. He has been a good friend and colleague to many of us over his illustrious career with HSBC, and we wish him and his family well.”

Recommended

FSA should clamp down on product withdrawals

I probably won’t be the first or the last reader to comment on the disgraceful behaviour of First National and igroup. They have withdrawn their entire ranges with zero notice and replaced them with ‘we don’t really want the business’ deals.

Your Broker Network lends a hand to mortgage brokers

Following the recent closure of some packagers within the sub-prime market, secured loan packager Your Broker Network is opening its doors to mortgage brokers who are unable to place business.Graeme Ward, business development manager of Your Broker Network, says: “In recent weeks we have lost some major packagers in the non-conforming market and this has […]

Unified body in prospect as PMPA bows out

Packagers are a step closer to having a single trade body after the Professional Mortgage Packagers Alliance announced its decision to leave the market last week.

Why prevention is better than cure

Quoting the famous adage, prevention is better than cure; there are many proactive benefits that can improve wellness in the workplace, decrease stress, increase staff morale and reduce absenteeism, as well as attracting and retaining employees of a higher standard. With a recent study showing that employees in Britain are working below peak productivity, preventative benefits can ensure you address potential health issues or causes of stress at their source and ensure productivity in the workplace remains at an optimum level. With this in mind, how are you using preventative benefits to help keep your workforce happy and healthy?

Newsletter

News and expert analysis straight to your inbox

Sign up