NEW YORK - HSBC Holdings (NYSE:HSBC) plc has named Andrew Fullam as the new Chief Financial Officer for its operations in the United States and Americas, a move aimed at bolstering the financial management of the bank's regional operations. Fullam's responsibilities will encompass accounting, regulatory reporting, stress testing, and capital management across the territories.
Fullam's appointment marks his return to HSBC, where he previously held various domestic and international roles over a span of nearly two decades. His experience with the company includes strategic planning, stress testing, and transformation initiatives in the U.S., as well as serving as the regional CFO for Commercial Banking and Global Banking and Markets. Notably, Fullam acted as Interim CFO for the Americas in 2019.
Before rejoining HSBC, Fullam served as Head of Enterprise Financial Planning & Analysis at Wells Fargo since the beginning of 2023. His academic credentials include a Master of Business Administration from Columbia University and a Bachelor of Science from Washington and Lee University.
Michael Roberts, CEO of US and Americas at HSBC, expressed confidence in Fullam's capabilities, citing his extensive experience and familiarity with the company's operations as key factors that will contribute to HSBC's sustainable growth in the region.
HSBC is one of the world's largest banking and financial services organizations, with assets totaling US$3,039 billion as of December 31, 2023. The company operates in 62 countries and territories globally, providing a range of financial services through its various business lines, including Wealth and Personal Banking, Commercial Banking, Private Banking, Global Banking, and Markets and Securities Services.
The information regarding Andrew Fullam's appointment is based on a press release statement from HSBC.
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