HSBC Asia-Pacific chief risk officer to step down: reports
HSBC's chief risk officer for Asia-Pacific, Ed Jenkins, will step down from his role due to family reasons, according to a Reuters report this morning.
Jenkins will leave the Asian-focused UK bank on 1 July, the report said, after a 10-year career at the lender. However, according to an internal memo seen by Reuters, Jenkins intends to leave on sabatical and return later in the year.
It is understood Mark McKeown, whom Jenkins succeeded, will return to Hong Kong and resume his old role on an interim basis.
HSBC is in the midst of a major overhaul of its global operations in an effort to shed under-performing assets and markets, and drastically reduce costs.
This weekend the Daily Telegraph reported that HSBC, which is headquarted in the UK yet has most of its interests in China, has warned the British government it risks suffering "reprisals" from Beijing if the UK presses ahead with outlawing 5G networking equipment by Huawei.
Subscribe to International Investment's free, twice-daily, newsletter
by Tanya at http://www.ifajobs.net
Daniel van Niekerk
Welcome to Prestige IFA Jobs, the premier international wealth management recruitment service. Since our establishment in 2016, we have earned a reputation as the go-to choice for discerning international wealth management and investment advisory firms around the world. At Prestige IFA Jobs, we redefine the art of headhunting in our industry. We stand unrivaled, leading the way with our unique approach and unmatched expertise. No one does what we do quite like us. Our commitment goes beyond simply matching a qualified candidate with a good IFA firm. We believe in finding the perfect synergy between candidate and company. With our extensive background in personal financial advisory across multiple countries, we take the time to deeply understand our candidates and our clients. So, when things go wrong, don't go wrong with them...because the successful warrior is the average man, but with laser focus.
