Noel Quinn
Noel Quinn | |
|---|---|
Quinn in 2021 | |
| HSBC Chief Executive Officer | |
| In office 2019–2024 | |
| Preceded by | John Flint |
| Succeeded by | Georges Elhedery |
| Julius Baer Chairman | |
| In office 2025- | |
| Preceded by | Romeo Lacher |
| Personal details | |
| Born | Noel Paul Quinn 13 January 1962 (age 64)[1][2] England |
| Spouse | Married |
| Children | 3 |
| Education | Birmingham Polytechnic |
| Occupation | Banker |
Sir Noel Paul Quinn (born 13 January 1962) is a British banker who was group chief executive of HSBC from March 2020 to September 2024, having first been appointed interim chief executive in August 2019.[3]
Early life and education
Quinn studied at Birmingham Polytechnic and trained as a chartered accountant with Grant Thornton.[4]
Career
Quinn joined Forward Trust Group, a subsidiary of Midland Bank, in 1987.[5] Midland Bank was acquired by HSBC in 1992. He led HSBC’s acquisitions of Swan National Motor Finance and Eversholt Leasing Ltd, becoming general manager of each business in turn.[6]
From 2011 to 2015, Quinn was Regional Head of Commercial Banking for Asia-Pacific, based in Hong Kong.[7] In December 2015, he became chief executive of Global Commercial Banking[8] and was appointed a group managing director in September 2016.[6]
He was appointed interim group chief executive in August 2019 and confirmed in the role in March 2020.[9][10]
As chief executive he pursued a restructuring and capital redeployment that included a plan to reduce about 35,000 roles and to withdraw from mass‑market U.S. retail banking.[11][12][13]
On 30 April 2024, Quinn announced his intention to retire.[14]
HSBC announced in July 2024 that Georges Elhedery would succeed Quinn as group chief executive with effect from 2 September 2024; Quinn remained available to the Group during his notice period until 30 April 2025.[15]
Quinn was appointed a Knight Bachelor in the 2025 New Year Honours.[16]
Quinn was proposed as the new chair for Julius Baer Group in February 2025.[17]
Personal life
Quinn is married, with three adult children, and lives in Surrey.[4]
References
- ^ "Change of director or secretary or change of particulars". Companies House. Retrieved 26 January 2021.
- ^ "Quinn, Noel Paul 祈耀年". Webb-site Who's Who. Retrieved 29 January 2021.
- ^ Patrick, Simon Clark and Margot (17 March 2020). "HSBC Appoints Noel Quinn as Permanent CEO". Wall Street Journal. Retrieved 2 July 2020.
- ^ a b Crow, David (11 October 2019). "Noel Quinn, the HSBC veteran auditioning for the top job". The Financial Times. Retrieved 2 July 2020.
- ^ "HSBC names interim boss Noel Quinn as permanent CEO". The Straits Times. 19 March 2020.
- ^ a b "In Conversation with Noel Quinn | Chief Executive, Global Commercial Banking, HSBC". Australia Chamber. 23 January 2018. Archived from the original on 12 October 2020. Retrieved 2 July 2020.
- ^ "The two best jobs at HSBC in Asia under Noel Quinn". eFinancialCareers. 24 March 2020. Retrieved 2 July 2020.
- ^ "HSBC: Appointment of Noel Quinn as CEO of Global Commercial Banking". www.finchannel.com. 18 December 2015. Retrieved 2 July 2020.
- ^ "HSBC boss out in top-level reshuffle". BBC News. 5 August 2019.
- ^ "HSBC appoints Noel Quinn as Group Chief Executive". HSBC. 17 March 2020.
- ^ Chatterjee, Sumeet; White, Lawrence (17 February 2020). "HSBC to slash investment bank, 35,000 jobs in strategy overhaul". Reuters.
- ^ White, Lawrence; Cruise, Sinead (17 June 2020). "HSBC revives 35,000 job cut plan after pandemic pause". Reuters.
- ^ White, Lawrence (28 May 2021). "HSBC says U.S. remains key market despite retail exit". Reuters.
- ^ "HSBC CEO announces surprise retirement". CNN. Reuters. 30 April 2024. Retrieved 30 April 2024.
- ^ "Georges Elhedery appointed as Group Chief Executive". HSBC. 17 July 2024.
- ^ "No. 64607". The London Gazette (Supplement). 30 December 2024. p. N2.
- ^ Spezzati, Stefania (28 February 2025). "Julius Baer picks ex-HSBC CEO Noel Quinn as new chair". Reuters. Retrieved 17 August 2025.