Rachel Lomax Speaker Profile

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Rachel Lomax Former Deputy Governor of the Bank of England CSA CELEBRITY SPEAKERS Rachel Lomax is a British economist who was the Deputy Governor of the Bank of England from 2003 until 2008. With her experience in the public and private sectors and a deep knowledge of UK government operations and financial system, Rachel joined the Board at HSBC in 2008, becoming a Senior Independent Director in 2015. "An incredible role model In detail Languages After graduating from Cambridge with an MA, Rachel obtained an She presents in English. MSc in Economics from the London School of Economics. Previous appointments of her extensive career include Deputy Want to know more? Governor, Monetary Stability, at the Bank of England (BoE) and a Give us a call or send us an e-mail to find out exactly what she member of the BoE's Monetary Policy Committee; Permanent could bring to your event. Secretary at the UK Government Departments for Transport and Work and Pensions and the Welsh Office; and Vice President and How to book her? Chief of Staff to the President of the World Bank. Rachel is a Simply phone, fax or e-mail us. non-Executive Director of Arcus European Infrastructure Fund GP LLP and Heathrow Airport Holdings Limited. Rachel is also the Video chairman of the International Regulatory Strategy Group and Director of TheCityUK, director of Bruegel, a Brussels-based Credentials European think tank and President of the Institute of Fiscal In 2007 she received an honorary degree from the University of Glasgow. Studies amongst others. What she offers you Rachel Lomax has 40 years' financial experience, much of it gained at the heart of the British economy. Rachel's insight into Rachel was excellent Clearly very knowledgeable, she is also monetary policy provides an incisive and enlightening view of the without pretensions and is willing to operate flexibly - Global world we live in today. Her experiences gained throughout her Consumer Packaging Providers career including her membership of the Monetary Policy Committee, where she had specific responsibility within the Bank for Monetary Policy, including monetary assessment and money market operations offers a unique perspective on economic matters. How she presents Rachel Lomax's powerful presentations reflect on her inspirational business journey in the public and monetary world. Topics Monetary Policy Risk and Liquidity in Financial Markets Economic Outlook Monetary Assessment Money Market Operations © CSA Celebrity Speakers Ltd tel: +44 (0)845 216 0100 e-mail: [email protected] www.csaspeakers.com Powered by TCPDF (www.tcpdf.org).

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Appointment of Ms Rachel Lomax As a Deputy Governor of the Bank of England and Member of the Monetary Policy Committee
House of Commons Treasury Committee Appointment of Ms Rachel Lomax as a Deputy Governor of the Bank of England and member of the Monetary Policy Committee Ninth Report of Session 2002–03 Volume I Ordered by The House of Commons to be printed 15 July 2003 HC 1011 Published on 17 July 2003 by authority of the House of Commons London: The Stationery Office Limited £0.00 The Treasury Committee The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration and policy of the HM Treasury and its associated public bodies. Current membership Mr John McFall MP (Labour, Dumbarton) (Chairman) Mr Nigel Beard MP (Labour, Bexleyheath and Crayford) Mr Jim Cousins MP (Labour, Newcastle upon Tyne Central) Angela Eagle MP (Labour, Wallasey) Mr Michael Fallon MP (Conservative, Sevenoaks) Norman Lamb MP (Liberal Democrat, North Norfolk) Mr George Mudie MP (Labour, Leeds East) Dr Nick Palmer MP (Labour, Broxtowe) Mr James Plaskitt MP (Labour, Warwick and Leamington) Mr David Ruffley MP (Conservative, Bury St Edmunds) Mr Andrew Tyrie MP (Conservative, Chichester) Powers The Committee is one of the departmental select committees, the powers of which are set out in the House of Commons Standing Orders, principally in SO No. 152. These are available on the Internet via www.parliament.uk The Committee has power to appoint a Sub-Committee, which has similar powers to the main Committee, except that it reports to the main Committee, which then reports to the House. All members of the Committee are members of the Sub- Committee, and its Chairman is Mr Michael Fallon.
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Securities and Exchange Commission on February 20, 2018
As filed with the Securities and Exchange Commission on February 20, 2018. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 Or ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2017 Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Or SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report ____________ For the transition period from N/A to N/A Commission file number: 001-14930 HSBC Holdings plc (Exact name of Registrant as specified in its charter) N/A United Kingdom (Translation of Registrant’s name into English) (Jurisdiction of incorporation or organisation) 8 Canada Square London E14 5HQ United Kingdom (Address of principal executive offices) Gavin A Francis 8 Canada Square London E14 5HQ United Kingdom Tel +44 (0) 20 7991 8888 Fax +44 (0) 20 7992 4880 (Name, Telephone, Email and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Title of each class Name of each exchange on which registered Ordinary Shares, nominal value US$0.50 each. London Stock Exchange Hong Kong Stock Exchange Euronext Paris Bermuda Stock Exchange New York Stock Exchange* American Depository Shares, each representing 5 New York Stock Exchange Ordinary Shares of nominal value US$0.50 each.
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A Boardroom Conversation with Rachel Lomax 26 June 2012
BOARDROOM CONVERSATIONS: CONVERSE WTH AN ACKNOWLEDGED “A BOARDROOM EXPERT AND TAKE THE BENEFIT OF CONVERSATION WITH RACHEL THEIR EXPERIENCE BACK TO YOUR LOMAX” BOARD FACILITATED BY JAMES BAGGE 26 JUNE 2012 DIRECTOR OF BVALCO LTD Bvalco hosted the conversation with Rachel Lomax as part of the ‘Boardroom Conversations’ series of targeted discussions with experienced Chairmen enabling them to share their insights and learning experiences of boards and corporate governance. The following paper is a summary of the conversation including questions from the floor. organisation has to be done as a team, 1. RACHEL, YOU HAVE AN IMMENSE where there is a shared sense of process BREADTH OF EXPERIENCE SERVING ON BOARDS BOTH IN THE PUBLIC AND and mutual respect; effective leadership is PRIVATE SECTOR AND OF LISTED therefore essential. However the external COMPANIES AND PRIVATE COMPANIES. pressures can be very different. Being on WHAT IN YOUR VIEW ARE THE the board of HSBC where there are no ESSENTIAL INGREDIENTS OF A COHESIVE AND EFFECTIVE BOARD? shareholder representatives on the board has a totally different set of pressures to I spent all my executive career in the being on the board of BAA, where there public sector. At that time I could only are shareholder representatives on the take appointments on the boards of not- board. Although on paper the for-profit organisations and I did this to responsibilities are the same, the make me be a better executive, to see experience is totally different. Similarly things from the other side of the table. the size of a board can affect the experience.
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HSBC Holdings
HSBC Holdings plc Environmental, Social and Governance (ESG) Supplement Supporting sustainable growth November 2017 Cover image: Situ Patenggang, West Java, Indonesia (image is a submission in an HSBC Group-wide employee competition held in 2016). Photography: Nurwata Yuda Pradana, HSBC Indonesia, Jakarta Contents 1 About this Document 4 2 Introduction by Stuart Gulliver 5 3 HSBC at a Glance 6 4 Supporting Sustainable Growth 8 5 Financial Crime Risk Management 15 6 Our Approach to Tax 17 7 Update on Corporate Governance 18 8 Further Information 19 Environmental, Social and Governance (ESG) Supplement HSBC Holdings plc 3 About this Document The purpose of this document is to provide information to stakeholders about HSBC’s approach to key environmental, social and governance (‘ESG’) issues. It is designed to serve as an extension of, and be read in conjunction with, our Environmental, Social and Governance (ESG) Update of April 2017, which was the first such report we issued. This additional document provides further or updated material, reflecting our efforts to continue to improve our ESG reporting, as well as outlining our updated sustainability strategy, described on pages 8 through 14. It also complements our Annual Report and Accounts 2016, which contains details of our organisational structure, global footprint, governance, strategy, financial performance and risk management. Where appropriate, we have provided links to further information in our Annual Report and Accounts 2016, and on our website, www.hsbc.com. In our ESG reporting, we focus on the issues that we consider are material to our business. These issues are identified through an ongoing programme of investor, analyst and NGO engagement.
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Notice of Annual General Meeting 2014
HSBC Holdings plc Notice of Annual General Meeting at 11.00am on Friday, 23 May 2014 Barbican Hall, Barbican Centre, London EC2 THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to any aspect of the proposals referred to in this document or as to the action you should take, you should consult a stockbroker, solicitor, accountant or other appropriate independent professional adviser. If you have sold or transferred all your shares in HSBC Holdings plc (the “Company”) you should at once forward this document and all accompanying documents to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. The ordinary shares of the Company trade under stock code 5 on The Stock Exchange of Hong Kong Limited. A Chinese translation of this Notice of Annual General Meeting is available at www.hsbc.com. Alternatively, the Chinese translation of this and future documents may be obtained by contacting the Company’s Registrar (see page 24). Contents 1. Chairman’s letter ............................................................................................................................
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Rachel Lomax: the MPC Comes of Age
Rachel Lomax: The MPC comes of age Lecture by Ms Rachel Lomax, Deputy Governor of the Bank of England, at De Montfort University, Leicester, 28 February 2007. I am very grateful to Gareth Ramsay for his help in preparing this speech, and also James Proudman, Tony Yates and other Bank colleagues for their help in preparing this speech, and to a number of colleagues at the Bank of England for useful comments. * * * 1 Introduction It’s a great pleasure to be in Leicester tonight, particularly given my long association with De Montfort University, as a Governor. Tonight I want to focus my remarks on the Monetary Policy Committee, which is ten years old this year. This is a blink of an eye in the life of the Old Lady of Threadneedle Street as she approaches 313. But UK monetary policy frameworks have lived dangerously and died young. For them, ten years is good going. To mark the occasion the Treasury Committee has launched a special enquiry. An impressive weight of written evidence has already been published, including a detailed review by the Bank of England. Everyone agrees that the UK has experienced an unprecedented degree of economic stability over the past decade. The average rate of inflation has come down from nearly 10% in the seventies and eighties, to 2.5% since 1993, and the volatility of inflation has fallen very sharply. At the same time, 1 output growth has been higher on average and less volatile. The change has been stunning. To be fair though, it predates the formation of the MPC by several years; and other countries have experienced a similar, if not so pronounced, improvement in performance.
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LON-MKT10301-018 Women in Financial Services
WOMEN IN FINANCIAL SERVICES 1 CONTENTS WOMEN IN FINANCIAL SERVICES From evolution to revolution: the time is now 2 WOMEN ON THE BOARD: Token or Totem? 23 SPOTLIGHT ON CANADA: A web of support for 26 gender diversity RISK CULTURE: No silver bullet 29 SPOTLIGHT ON SWEDEN: 33 Going from good to great MIND THE GENDER GAP: Understanding women as consumers of investment services 37 PICKING THE RIGHT BATTLE: Lessons from the gender 41 debate in motor insurance SPOTLIGHT ON RUSSIA 44 CATCHING UP FROM THE BACK OF THE PACK: 47 Oliver Wyman’s experience FOREWORD There have long been concerns about the lack of women at To assemble a fact base for this report we have analyzed the senior levels in financial services. Many have suggested that gender mix of senior staff at over 150 firms internationally and the excessive risk taking and mistreatment of customers in the surveyed over 1,000 current and potential financial services pre-2007 boom were caused by the overwhelming masculinity employees from five countries. And, for by far the most of the industry; some have asked whether the crisis might have interesting part of our research, we interviewed over 60 senior been avoided if Lehman Brothers had been Lehman Sisters. women (and a few men!) from across the sector. That is not the whole story, of course. The crisis had many We were consistently inspired by the calibre, character and causes. And a lack of diversity has many consequences. But charisma of the women that we met. They are a diverse group, regardless, it remains clear that the sector is losing out in the defying generalizations or stereotypes, and every one of them “war for talent”.
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Financial Stability Report July 2006 | Issue No.20
Financial Stability Report July 2006 | Issue No.20 Financial Stability Report July 2006 1 BANK OF ENGLAND Financial Stability Report July 2006 | Issue No. 20 The Bank of England has two core purposes — monetary stability and financial stability. The two are connected because serious disruption in the financial system would affect the implementation and effectiveness of monetary policy, while macroeconomic stability helps reduce risks to financial stability. The Bank’s responsibilities for monetary stability are set out in the Bank of England Act 1998. Responsibility for financial stability in the United Kingdom is shared between the tripartite authorities — HM Treasury, the Financial Services Authority (FSA) and the Bank of England. Their roles are set out in a Memorandum of Understanding (MoU).(1) The Bank’s responsibility for contributing to the maintenance of the stability of the financial system as a whole derives from its responsibility for setting and implementing monetary policy, its role in respect of payment systems in the United Kingdom and its operational role as banker to the banking system. The Bank aims to bring its expertise in economic analysis and its experience as a participant in financial markets to the assessment and mitigation of risks to the UK financial system including, if necessary, helping to manage and resolve financial crises. The Financial Stability Report aims to identify the major downside risks to the UK financial system and thereby help financial firms, authorities overseas and the wider public in managing and preparing for these risks. The Report is produced half-yearly by Bank staff under the guidance of the Bank’s Financial Stability Board, whose best collective judgement it represents.
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Corporate Governance Report Directors
Directors Corporate Governance Page App1 , CBE, 60 Douglas Flint Group Chairman Corporate Governance Report 249 Appointed to the Board: December Directors 249 1995. Group Chairman since December 2010. Secretary 254 Group Managing Directors 254 Strategic Report Corporate governance codes 256 Board of Directors 256 Skills and experience: Douglas has extensive board-level experience and knowledge of governance primarily gained Board committees 262 through membership of the boards of HSBC and BP plc Group Audit Committee 262 and his time as a partner of KPMG. He has considerable Group Risk Committee 266 knowledge of finance and risk management in banking, Financial System Vulnerabilities Committee 268 multinational financial reporting, treasury and securities Group Remuneration Committee 270 trading operations and has chaired and been a member of Nomination Committee 270 highly influential bodies which set standards for taxation, Conduct & Values Committee 272 governance, accounting and risk management. He joined Philanthropic and Community Investment HSBC as Group Finance Director in 1995, which broadened Oversight Committee 274 to that of Chief Financial Officer, Executive Director Risk and Chairman’s Committee 274 Regulation. Financial Review Internal control 275 He is a member of the Institute of Chartered Accountants of Scotland and the Association of Corporate Treasurers Going concern and viability 277 and also a Fellow of the Chartered Institute of Management Employees 278 Accountants. In 2006, he was honoured with a CBE in Employee relations 278 recognition of his services to the finance industry. Former Diversity and inclusion 278 appointments include non-executive director and chairman Employee development 278 of the Audit Committee of BP plc and an independent Employment of disabled persons 278 external member of the UK Government’s Financial Services Trade and Investment Board.
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Rachel Lomax
Rachel Lomax Former Deputy Governor of the Bank of England "An incredible role model" Rachel Lomax is a Brish economist who was the Deputy Governor of the Bank of England from 2003 unl 2008. With her experience in the public and private sectors and a deep knowledge of UK government operaons and financial system, Rachel joined the Board at HSBC in 2008, becoming a Senior Independent Director in 2015. TOPICS: IN DETAIL: Monetary Policy Aer graduang from Cambridge with an MA, Rachel obtained an MSc in Risk and Liquidity in Financial Markets Economics from the London School of Economics. Previous appointments of her Economic Outlook extensive career include Deputy Governor, Monetary Stability, at the Bank of Monetary Assessment England (BoE) and a member of the BoE's Monetary Policy Commiee; Money Market Operations Permanent Secretary at the UK Government Departments for Transport and Work and Pensions and the Welsh Office; and Vice President and Chief of Staff LANGUAGES: to the President of the World Bank. Rachel is a non-Execuve Director of Arcus European Infrastructure Fund GP LLP and Heathrow Airport Holdings Limited. She presents in English. Rachel is also the chairman of the Internaonal Regulatory Strategy Group and Director of TheCityUK, director of Bruegel, a Brussels-based European think tank and President of the Instute of Fiscal Studies amongst others. WHAT SHE OFFERS YOU: Rachel Lomax has 40 years' financial experience, much of it gained at the heart of the Brish economy. Rachel's insight into monetary policy provides an incisive and enlightening view of the world we live in today.
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Financial Stability Report, Issue 21 April 2007
Financial Stability Report April 2007 | Issue No. 21 BANK OF ENGLAND Financial Stability Report April 2007 | Issue No. 21 The Bank of England has two core purposes — monetary stability and financial stability. The two are connected because serious disruption in the financial system would affect the implementation and effectiveness of monetary policy, while macroeconomic stability helps reduce risks to financial stability. The Bank’s responsibilities for monetary stability are set out in the Bank of England Act 1998. Responsibility for financial stability in the United Kingdom is shared between the tripartite authorities — HM Treasury (HMT), the Financial Services Authority (FSA) and the Bank of England. Their roles are set out in a Memorandum of Understanding (MoU).(1) The Bank’s responsibility for contributing to the maintenance of the stability of the financial system as a whole derives from its responsibility for setting and implementing monetary policy, its role in respect of payment systems in the United Kingdom and its operational role as banker to the banking system. The Bank aims to bring its expertise in economic analysis and its experience as a participant in financial markets to the assessment and mitigation of risks to the UK financial system including, if necessary, helping to manage and resolve financial crises. The Financial Stability Report aims to identify the major downside risks to the UK financial system and thereby to help financial firms, authorities overseas and the wider public manage and prepare for these risks. The Report is produced half-yearly by Bank staff under the guidance of the Bank’s Financial Stability Board, whose best collective judgement it represents.
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Global Finance and Public Policy Experts Join Hsbc Board
21 November 2008 GLOBAL FINANCE AND PUBLIC POLICY EXPERTS JOIN HSBC BOARD Rachel Lomax (63) and John Lawson Thornton (54) have been appointed Directors of HSBC Holdings plc with effect from 1 December 2008. They will both be independent non-executive Directors. Mr Thornton has also been appointed a Director and non-executive Chairman of HSBC North America Holdings Inc. with effect from 1 December 2008. He takes over as Chairman of HSBC North America Holdings Inc. from Stephen Green, Group Chairman, who will continue to be a Director of HSBC North America Holdings Inc. Mr Thornton will serve the company for up to two days a week. From 2003 to 2008 Rachel Lomax was Deputy Governor, Monetary Stability, at the Bank of England and a member of the Monetary Policy Committee. Between 1996 and 2003 Ms Lomax served as Permanent Secretary at three UK Government Departments. She was Vice President and Chief of Staff to the President of the World Bank from 1995 to 1996. Her earlier career was spent at HM Treasury where she was Principal Private Secretary to the Chancellor of the Exchequer in the mid-1980s and Deputy Chief Economic Adviser in the early 1990s. She is a non-executive director of The Scottish American Investment Company PLC, an investment trust listed on the London Stock Exchange, and Reinsurance Group of America, Inc. John Thornton served as President and Co-Chief Operating Officer and a Director of the Goldman Sachs Group from 1999 to 2003, when he retired from the firm. During his 23 years’ service with Goldman Sachs, Mr Thornton played a key role in the firm's global development, serving as Co-Chief Executive Officer of Goldman Sachs International in 1995 and from 1996 to 1998 as Chairman of Goldman Sachs Asia.
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