6 July 2022

HSBC Appoints Lloyd Plenty to US Chief Risk Officer

(NEW YORK) – HSBC USA announced today that Lloyd Plenty has been appointed US Chief Risk Officer. He will join the bank in early September.

In this role, Plenty will be responsible for all aspects of risk management for HSBC in the United States. Plenty will report to Michael Roberts, CEO US and Americas, and Pam Kaur, Group Chief Risk and Compliance Officer.

“After a comprehensive search, we are thrilled for Lloyd to join HSBC,” said Roberts. “Lloyd’s well-rounded experience and strong leadership will be instrumental in taking our Risk organization into the future.”

Lloyd joins from BNP Paribas, where he served as Americas Chief Risk Officer for the Corporate & Institutional Bank and Asset Management, covering all financial and non-financial risk. In prior roles at the firm, he led risk management for the Securities Services, Wealth Management and Market Infrastructure businesses and served as Global Head of Control and Reporting for Capital Markets before becoming Head of Counterparty Risk and Financial Institutions for the Americas. Lloyd received his Bachelor of Science degree in Monetary Economics from the London School of Economics and Political Science.

Media enquiries to:

Jack Mullin
External Communications
Jack.f.mullin@us.hsbc.com

Lloyd Plenty, US Chief Risk Officer

About HSBC

HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is HSBC North America Holdings Inc. is the holding company for HSBC Holdings plc's operations in the United States. The company’s businesses serve customers in the following key areas: wealth and personal banking, commercial banking, private banking, and global banking and markets.

HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through wealth, personal banking, commercial banking, private banking, and global banking and markets segments. As of the close of business on December 31, 2021 it operated bank branches in: California; Washington, D.C.; Florida; New Jersey; New York; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. In the United States, deposit products are offered by HSBC Bank USA, N.A., Member FDIC, investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc.

HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc.

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,958bn at 31 December 2021, HSBC is one of the world’s largest banking and financial services organizations.

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