HSBC Asia boss to run ANZ Bank

In a high-profile departure, Michael Smith resigns from HSBC to become CEO of ANZ Bank in Melbourne.

It is rare for a banker of Michael SmithÆs stature to resign from HSBC, so when news broke yesterday that Smith will leave his post as president and chief executive officer for HSBC in Asia, the Hong Kong banking community was in shock. Smith has been poached by AustraliaÆs ANZ Bank to replace retiring chief executive officer John McFarlane on October 1.

Smith has been with HSBC for 29 years and not...

To continue reading, please login or register for free

Click for more on: hsbc | anz | michael smith | moves

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...