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Annual Review 2010 23 Our Board: Promoting Your Interests (Continued)

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Annual Review 2010 23 Our Board: Promoting Your Interests (Continued) Our Board: Promoting Your Interests Mr Gulliver is a career banker with over 30 her post at the CSRC, Mrs Cha worked in Boardf o Directors years’ international experience with HSBC. the Securities and Futures Commission in He has held a number of key roles in the Hong Kong from 1991 to 2000, becoming Douglas Flint, CBE Group’s operations worldwide, including in its Deputy Chairman in 1998. Group Chairman London, Hong Kong, Tokyo, Kuala Lumpur Age 55 and the United Arab Emirates. He played a Vincent Cheng, GBS, OBE Group Chairman and chairman of the leading role in developing and expanding Age 62 Nomination Committee with effect from Global Banking and Markets, the wholesale Chairman of HSBC Bank (China) Company 3 December 2010. Joined HSBC as Group banking division of the Group with operations Limited and, since 21 January 2010, of HSBC Finance Director in 1995 and served as Chief in over 65 countries and territories. Bank (Taiwan) Limited. An executive Director Financial Officer, Executive Director, Risk since 2008 and a member of the Corporate Safra Catz† and Regulation from 1 February 2010 until Sustainability Committee since 28 May 2010. Age 49 3 December 2010. A non-executive director Joined HSBC in 1978. Appointed a Group of BP p.l.c. since January 2005 and chairman President of Oracle Corporation. A non- General Manager in 1995 and a Group of its Audit Committee since April 2010 executive Director since 2008. Managing Managing Director in 2005. An independent but will retire at the BP AGM in April 2011. Director of Donaldson, Lufkin & Jenrette non-executive director of Great Eagle Director of The Hong Kong Association with from 1997 to 1999. Joined Oracle in 1999 and Holdings Limited and MTR Corporation effect from 6 February 2011. Co-chairman of appointed to the Board of Directors in 2001. Limited. Vice chairman of the China Banking the Counterparty Risk Management Policy Association. A member of the National Ms Catz brings to the Board a background Group III in 2008. Chaired the Financial Committee of the 11th Chinese People’s in international business leadership, having Reporting Council’s review of the Turnbull Political Consultative Conference (‘CPPCC’) helped transform Oracle into the second Guidance on Internal Control in 2004. and a senior adviser to the 11th Beijing biggest producer of management software Served on the Accounting Standards Board Municipal Committee of the CPPCC. and the world’s leading supplier of software and the Standards Advisory Council of the Ceased to be chairman and a director of The for information management. International Accounting Standards Board Hongkong and Shanghai Banking Corporation from 2001 to 2004. Served on the Large on 1 February 2010 and of HSBC Laura Cha†, GBS Limited Business Forum on Tax and Competitiveness sset Management (Hong Kong) Age 61 Global A and the Consultative Committee of the Large Limited on 4 February 2010. Ceased to be a Business Advisory Board of HM Revenue and (Appointed 1 March 2011) director of HSBC Bank Australia Limited and Customs. A former partner in KPMG. Non-executive Deputy Chairman of The a member of the Exchange Fund Advisory Mr Flint has extensive governance experience Hongkong and Shanghai Banking Corporation Committee of the Hong Kong Monetary gained through membership of the Boards Limited. A non-executive Director with effect Authority on 1 February 2010 and of HSBC of HSBC and BP as well as considerable from 1 March 2011. A non-official member Bank (Vietnam) Limited on 11 November knowledge of finance and risk management of the Executive Council of Hong Kong SAR. 2010. A non-executive director of Swire in banking, multinational financial reporting, Director of Hong Kong Exchanges and Pacific Limited from 2005 to 2008. treasury and securities trading operations. Clearing Limited, Tata Consultancy Services Awarded the Gold Bauhinia Star by the In 2006 he was honoured with a CBE in Limited and China Telecom Corporation Hong Kong Government in 2005. Limited. Chairman of the ICAC Advisory recognition of his services to the finance Mr Cheng is a career banker with extensive industry. He is a member of the Institute of Committee on Corruption and of the University Grants Committee in Hong Kong. international business experience particularly Chartered Accountants of Scotland and the in Asia. Mr Cheng is Vice President of the Association of Corporate Treasurers and Vice-chairman of the International Advisory Council of the China Securities Regulatory Hong Kong Institute of Bankers and was he is a Fellow of The Chartered Institute chairman of the Process Review Panel for of Management Accountants. Commission and a Hong Kong delegate to the 11th National People’s Congress of China. the Securities and Futures Commission and of the Standing Committee on Directorate Stuart Gulliver A member of the Advisory Board of the Yale School of Management, and Millstein Center Salaries and Conditions of Service of the Group Chief Executive Hong Kong Government. Chairman of the Age 51 of Corporate Governance and Performance at Yale University and a Senior International Council of the Chinese University of Hong Group Chief Executive and chairman of the Advisor for Foundation Asset Management Kong since October 2009. He was seconded Group Management Board since 1 January Sweden AG. Former appointments include: to the Hong Kong Government’s Central 2011. An executive Director since 2008. non-executive director of Bank of Policy Unit from 1989 to 1991 serving as Joined HSBC in 1980. Appointed a Group Communications Co., Ltd from 2006 to an adviser to the Governor of Hong Kong. General Manager in 2000 and a Group 19 August 2010, Baoshan Iron and Steel Co. Marvin Cheung†, GBS, OBE Managing Director in 2004. Chairman of The Limited and Johnson Electric Holdings Age 63 Hongkong and Shanghai Banking Corporation Limited. A member of the State Bar of Limited with effect from 1 January 2011. California. She was awarded a Silver Bauhinia Non-executive chairman of the Airport Chairman of HSBC France since January Star in 2001 and a Gold Bauhinia Star in 2009 Authority Hong Kong. A non-executive 2009 and of HSBC Private Banking Holdings by the Hong Kong Government for her public Director since February 2009 and a member (Suisse) SA since 25 February 2010. Deputy service. of the Group Audit Committee since 1 March chairman of HSBC Trinkaus & Burkhardt AG 2010. A non-executive director of Hang Seng Mrs Cha has worked in the US and Asia and since 2007 and a member of its Supervisory Bank Limited, HKR International Limited and has extensive regulatory and policy-making Board since 2006. Chairman, Europe, Hong Kong Exchanges and Clearing Limited. experience in the finance and securities Middle East and Global Businesses until A non-official member of the Executive sector in Hong Kong and mainland China. 31 December 2010. Chairman of HSBC Bank Council of the Hong Kong Special Mrs Cha was Vice Chairman of the China plc from 21 April 2010 to 31 December 2010 Administrative Region. Non-executive Securities Regulatory Commission (‘CSRC’) and of HSBC Bank Middle East Limited from chairman of the Council of the Hong Kong from January 2001 to September 2004. 15 February 2010 to 31 December 2010. University of Science and Technology. She was appointed to the post by the Head of Global Banking and Markets from A director of The Association of Former State Council and became the first person 2006 to 2010 and co-head from 2003 to 2006. Council Members of The Stock Exchange outside mainland China to join the Central Head of Global Markets from 2002 to 2003. of Hong Kong Limited and The Hong Kong Government of the People’s Republic of Head of Treasury and Capital Markets in International Film Festival Society Limited. Asia-Pacific from 1996 to 2002. China at the vice-ministerial rank. Prior to HSBC Holdings plc Annual Review 2010 23 Our Board: Promoting Your Interests (continued) Ceased to be a non-executive director of Sun for global financial reporting and control, including aviation, insurance, property, Hung Kai Properties Limited in December tax and treasury. She has a Master’s in shipping, manufacturing and trading in the 2009. Chairman and Chief Executive Officer Business Administration from the Harvard Far East, UK, US and Australia. He is a Fellow of KPMG Hong Kong from 1996 to 2003. Business School. of the Institute of Chartered Accountants in A Council Member of the Open University England and Wales. of Hong Kong until June 2009. Awarded Sandy Flockhart, CBE the Gold Bauhinia Star by the Hong Kong Age 59 Sam Laidlaw† Age 55 Government in 2008. Chairman, Europe, Middle East, Africa, Latin Dr Cheung brings to the Board a background America, Commercial Banking and Chairman Chief Executive Officer of Centrica plc. in international business and financial of HSBC Bank plc with effect from 1 January A non-executive Director since 2008. accounting, particularly in Greater China and 2011. An executive Director since 2008. A member of the Remuneration Committee. the wider Asian economy. He retired from Joined HSBC in 1974. Appointed a Group Former appointments include: Executive KPMG Hong Kong in 2003 after more than General Manager in 2002 and a Group Vice President of Chevron Corporation; 30 years’ distinguished service with the firm. Managing Director in 2006. Chairman of non-executive director of Hanson PLC; He is a Fellow of the Institute of Chartered HSBC Latin America Holdings (UK) Limited Chief Executive Officer of Enterprise Oil plc; Accountants in England and Wales. since December 2009. A director of HSBC and President and Chief Operating Officer Bank Australia Limited. A member of the Visa of Amerada Hess Corporation. John Coombe† Asia Pacific Senior Advisory Council, Visa Inc.
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