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HSBC announces board-level reshuffle | HSBC announces board-level reshuffle |
(2 days later) | |
The UK's largest bank HSBC is rejigging responsibilities at board level. | The UK's largest bank HSBC is rejigging responsibilities at board level. |
Sir Simon Robertson is stepping down as senior independent director and remuneration committee chairman. | Sir Simon Robertson is stepping down as senior independent director and remuneration committee chairman. |
Former Bank of England deputy governor Rachel Lomax will become the senior independent director and the former Centrica boss Sam Laidlaw will chair the remuneration committee. | Former Bank of England deputy governor Rachel Lomax will become the senior independent director and the former Centrica boss Sam Laidlaw will chair the remuneration committee. |
In February, the BBC reported HSBC's Swiss private banking business helped customers evade taxes between 2005-07. | In February, the BBC reported HSBC's Swiss private banking business helped customers evade taxes between 2005-07. |
Ms Lomax and Mr Laidlaw have been on the board since 2008. | |
Sir Simon, who has been on the board for nine years has agreed to stay on as deputy chairman for another year. | Sir Simon, who has been on the board for nine years has agreed to stay on as deputy chairman for another year. |
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