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HSBC Appoints Former Bridgewater Associates Co-CEO Murray To Board

Wed, 01st Jul 2020 16:50

(Alliance News) - HSBC Holdings PLC on Wednesday announced the appointment of Eileen Murray as an independent non-executive director of the company, with immediate effect.

Murray was recently elected designate chair of the Financial Industry Regulatory Authority, a self-regulating organisation for US financial securities firms. She most recently served as co-chief executive officer of US investment manager Bridgewater Associates LP.

HSBC Chair Mark Tucker said: "I am absolutely delighted to welcome Eileen. Her wealth of experience across banking and finance, together with her extensive knowledge of financial technologies and corporate strategy, will bring an invaluable perspective to the board."

Shares in HSBC on Wednesday closed 1.7% lower at 372.30 pence each in London.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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