hsbc-names-new-cfo-for-asiapacific

HSBC names new CFO for Asia-Pacific

HSBC's CFO for North America, Iain Mackay, will move to Hong Kong with current CFO Edgar Ancona taking on Mackay's job in the US.

The Hongkong and Shanghai Banking Corporation has appointed Iain Mackay, 47, chief financial officer to replace Edgar Ancona. Mackay's new job, which becomes effective September 1, makes him the CFO for all of HSBC's Asia-Pacific operations.

Mackay and Ancona will effectively do a job swap as Ancona moves to the US to become CFO of HSBC's North American operations.

Mackay joined HSBC in July 2007 in the position of CFO for North America and at the level of senior executive vice-president. He was put in charge of all aspects of financial management for HSBC in the US and Canada. Mackay has also been closely involved in the restructuring of HSBC's...

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