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11th October 2011

Irene Dorner new HSBC North America CEO

Irene Dorner is appointed Group General Manager, President and CEO of HSBC USA. She was previously Group General Manager, President and CEO of HSBC Bank USA, N.A. Niall Booker, Group Managing Director and CEO of HSBC North America Holdings Inc., is leaving the group.


Dorner will be responsible for HSBC Bank and HSBC Finance businesses in the United States. Patrick Burke, Group General Manager and CEO of HSBC Finance Corporation, will report to Dorner. Dorner and Lindsay Gordon, Group General Manager, President and CEO of HSBC Bank Canada, will report to HSBC Group CEO Stuart Gulliver. The leadership changes are effective 1 November 2011.


"I would like to thank Niall Booker for his many contributions to HSBC over his 30-year career, in particular the growth of our business in India under his leadership and more recently his role in reshaping our North American business to align it with our global strategy and ensuring a strong culture of compliance in the region. We wish him well in his future endeavours," said Stuart Gulliver, HSBC Group CEO. "I am delighted to have such experienced and talented Chief Executives in Irene Dorner and Lindsay Gordon in place to take the region forward," Gulliver added.