Banking News

HSBC Bank Canada Appoints New Chief Financial Officer

HSBC Bank Canada Appoints New Chief Financial Officer

HSBC Bank Canada has appointed Daniel Hankinson Chief Financial Officer succeeding Gerhardt Samwell who left HSBC in July to pursue other opportunities. Dan is expected to start in the role in September 2022. Kevin Nichols, the Bank’s Vice President and Canada Head of Asset Liability and Capital Management is Acting CFO during this interim period.

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Dan joined HSBC in 2001 and has held senior roles across the Finance function in Asia and the UK, providing regional oversight and leading significant change initiatives. He was most recently Global Head of Recovery & Resolution Planning, with responsibility for overseeing enhancements to the Group’s recovery and resolution processes. Prior to that, he held roles as Head of Asset, Liability and Capital Management for the Asia Pacific region and was Chief Financial Officer for HSBC Indonesia. As Global Head of Regulatory Reporting Transformation, he led initiatives to transform the efficiency and effectiveness of HSBC’s global regulatory reporting.

Linda Seymour, President and CEO, HSBC Bank Canada said: “We’re extremely fortunate to have a deep bench of diverse international capabilities at HSBC and that’s exactly what Dan brings. We look forward to him joining our Canadian business and leadership team as we build on our very strong results in Canada and as part of the Americas region.”

“Our thanks to Gerhardt for his leadership over the last four years. His customer focus was especially important as we invested in growing our business and building the digital tools our customers are increasingly asking for. He was a valued member of our Executive Committee. I’d also like to thank Kevin for stepping in as Acting CFO over the last several weeks.”

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HSBC Bank Canada, a subsidiary of HSBC Holdings plc (‘HSBC Group’), is the leading international bank in the country. We help companies and individuals across Canada to do business and manage their finances here and internationally through four businesses: Commercial Banking, Global Banking, Markets and Securities Services, and Wealth and Personal Banking. HSBC Group has committed to becoming net-zero in its operations and financed emissions and is working with our customers to accelerate the transition to a low carbon economy.

HSBC Holdings plc, the parent company of HSBC Bank Canada, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,985bn at 30 June 2022 HSBC is one of the world’s largest banking and financial services organizations.

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