Mark Winterflood is appointed Head of HSBC Private Banking Luxembourg, effective 5 February 2018, subject to regulatory approval, succeeding Anthony Simcic. Mark will report to Franco Morra, CEO HSBC Private Bank (Suisse) SA and Regional Head Global Private Banking Europe International and MENA, and Lars Rejding, Country CEO HSBC Luxembourg. Mark will join the Executive Committee of HSBC in Luxembourg.
Mark brings 22 years of experience with HSBC, having held a variety of client-facing and senior roles within the Group across the Middle East, Asia and Europe, most recently as HSBC Private Banking’s Global Head of Pricing, based in the UK.
Mark will be responsible for the oversight, leadership and management of HSBC Private Banking in Luxembourg, a market that has seen significant growth over the past several years. Under Mark’s leadership, the private banking subsidiary in Luxembourg will continue to work closely with HSBC’s Commercial Banking and Global Banking businesses in Continental Europe to deliver on the strategy of serving the personal wealth needs of the owners and principals of HSBC’s corporate clients.