HSBC Holdings plc (LON:HSBA) has announced that Jonathan (Jon) Bingham has been appointed as Interim Group Chief Financial Officer with effect from 2 September 2024. He will not be appointed as an Executive Director.
Jon will retain his existing responsibilities as Global Financial Controller whilst holding the role of Interim Group CFO.
As HSBC Global Financial Controller, he is responsible for a global team and provides stewardship of HSBC external financial, regulatory, ESG and Tax reporting. Externally, he Chairs the UK Finance Prudential, Reporting and Taxation Policy Committee and is a member of the Financial Services Faculty Board of the Institute of Chartered Accountants in England and Wales.
Prior to joining HSBC in 2020, Jon worked for KPMG LLP for 20 years, of which the final 10 years were as a Banking Partner, in which he led KPMG’s relationships with its large international banking clients.
HSBC Group Chief Executive Designate, Georges Elhedery, said: “Jon has outstanding technical accounting and regulatory knowledge and expertise and was the clear choice to provide interim succession for the Group CFO role.”
A process to identify the next permanent Group CFO, is underway. An update will be provided on the outcome of this search in due course.
