HSBC has appointed Simon Robertson, senior independent non-executive director and deputy chairman, as its new chairman of the remuneration committee.
Robertson, a former Goldman Sachs banker and chairman of Rolls-Royce, will succeed John Thornton, who was chairman of its remuneration committee and its North America business since 2008.
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HSBC said, Joachim Faber, another HSBC non-executive director, would take over as chairman of its risk committee, replacing Rona Fairhead, effective immediately.
HSBC along with its principal operating subsidiaries is involved in providing a diverse range of banking and financial services to more than 100 million customers globally, including personal, commercial, corporate, institutional, investment and private banking clients.
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