New HSBC head of retail and wealth management
HSBC Holdings has appointed Charlie Nunn as chief executive of retail banking and wealth management, succeeding John Flint who was appointed executive director and group chief executive of HSBC.
Nunn, who is currently acting CEO, retail banking and wealth management, was previously head of group retail banking and wealth management, leading the teams supporting HSBC’s retail and wealth businesses globally.
Prior to this, he was group head of wealth management and before that global chief operating officer for retail banking and wealth management.
He has worked in financial services since the early 1990s. He began his career at Accenture, working for 13 years in the US, France, Switzerland and the UK, as a partner, before moving to McKinsey & Co as a senior partner. Nunn joined HSBC in 2011 and was appointed a group general manager in February 2014.
“I am honored and excited to be taking on this role. HSBC has an exceptional brand in the retail and wealth space, and the business is already in great shape. We must continue to accelerate the pace of change required to meet the expectations of our customers, employees and communities, and make our customers’ interactions with HSBC simpler, better and faster. I am looking forward to working with the board, the executive team and my colleagues around the world to meet this challenge,” Nunn said.