21 July 2022

HSBC to have new Australian CEO in September

Antony Shaw has been appointed Chief Executive Officer of HSBC Bank Australia Limited (“HSBC”), with effect from 1 September, and subject to regulatory approvals. He will also join HSBC Australia’s Board as an Executive Director.

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Daniel Fitzpatrick
M: +61 421 772 323
E-mail: daniel.fitzpatrick@hsbc.com.au

Antony, an Australian, has 30 years of banking experience across domestic and international banks with over 19 years in HSBC. Over the years, Antony has played a significant role in Markets & Securities Services (MSS) where he leads the Institutional Sales for Asia Pacific and the Middle East, North Africa and Turkey (MENAT) regions as well as driving growth as its Global Head of Wealth. Before joining HSBC, Antony worked in the investment banking sector in London and Sydney.

The appointment comes at a time of transition for Australia including a rise in the nation’s personal wealth and cost of living; increased international commercial and investment activity from border re-openings; and an increase in the nation’s global commitments to climate change. HSBC’s strategy is to help its customers connect to these changes and turn them into opportunities.

HSBC Asia Pacific Co-CEO Surendra Rosha commented: “Australia’s economic success has always been underpinned by its international openness. As Australia’s global connections continue to evolve and shift, Antony’s widespread experience will ensure our international network remains optimised to help our Australian customers manage this change and sustainably prosper.”

Antony Shaw has been appointed CEO of HSBC Australia with effect from 1 September 2022

Antony’s appointment follows a decision by Kaber Mclean (who joined HSBC Australia as its CEO in March 2020) to take a six-month sabbatical from 31 August, 2022.

Rosha continued: “Kaber has been laser-focused in identifying where and how we can best support our Australian clients, and in ensuring we had the right people, investment and capability in place to execute upon it. With the world re-opening, we supported Kaber’s decision to set aside time to re-connect with family and friends abroad. We will be welcoming his return into another role, within the Group, in the new year.”

In Australia, the HSBC Group offers an extensive range of financial services through a network of 43 branches and offices. These services include retail and commercial banking, trade finance, treasury and financial markets, payments and cash management and securities custody. Principal HSBC Group members operating in Australia include HSBC Bank Australia Limited (ABN 48 006 434 162 AFSL/Australian Credit Licence 232595) and The Hongkong and Shanghai Banking Corporation Limited (ABN 65 117 925 970 and AFSL 301737).