The board of HSBC
Holdings has appointed Irene Dorner, president and chief executive of
HSBC North America Holdings and HSBC USA, as a group managing director
with effect from 1 February. She joins the group management board and
continues to report to Stuart Gulliver, HSBC group chief executive.

Dorner has had a lengthy
career with HSBC. She joined in 1982 as an in-house lawyer at Samuel
Montagu, the merchant banking arm of Midland Bank, later acquired by
HSBC. She has since held positions as chief operating officer of
treasury and capital markets and general manager of marketing and human
resources for HSBC Bank. Dorner's other roles with the group include:
responsibility for the bank’s branch network in the north of England,
Scotland and Northern Ireland; general manager, premier and wealth
management in HSBC Bank; and deputy chairman and CEO HSBC Bank Malaysia
Berhad in 2007. She took up her current position in January 2010.

“Irene has served HSBC with distinction over the past 30 years. The
board’s decision reflects this commitment and, moreover, recognizes the
important and complex job she has been doing in running our US
operations,” Gulliver said in a statement.