Stuart GulliverBritish banker, head of HSBC bank
Date of Birth: 09.03.1959
Country: Great Britain |
Content:
Biography of Stuart Gulliver
Stuart Thomson Gulliver was born on March 9, 1959, in the United Kingdom. His father, Philip, was a bailiff, and his mother, Jean, worked as a personal assistant to a senior engineer at a local shipyard. Gulliver attended secondary school in Plymouth, Devon.
Early Career
Gulliver pursued his education at the University of Oxford, where he became an avid boxer. He graduated with a Master's degree in Jurisprudence. Despite his aspirations to become a lawyer with the right to practice in the highest courts, Gulliver's parents could not afford to support his ambitions.
In 1980, Gulliver joined the elite international management training program at HSBC in India. This marked the beginning of his banking career with the HSBC group. He climbed the corporate ladder, holding key positions in various countries around the world, including London, Hong Kong, Tokyo, Kuala Lumpur, and the United Arab Emirates.
Leadership at HSBC
During the 1990s, Gulliver played a crucial role in establishing HSBC's investment banking business in Hong Kong. He worked to ensure that HSBC's Asian marketing practices became the conglomerate's primary source of income, even after the Asian financial crisis.
Gulliver served as the Head of Treasury and Capital Markets at HSBC's Asia-Pacific region from 1996 to 2002. In 2000, he was appointed General Manager of HSBC and later led the Global Markets division from 2002 to 2003. Gulliver returned to London in early 2003 to become one of the heads of the Corporate, Investment Banking, and Markets division alongside John Studzinski.
In March 2004, Gulliver joined the HSBC board of directors. After Studzinski's departure in 2006, Gulliver was appointed CEO of HSBC's Global Banking and Markets division, as well as the Global Asset Management division. In May 2006, he became a member of the supervisory board of HSBC Trinkaus & Burkhardt AG, a German financial company and one of the oldest members of the HSBC group. He was appointed Deputy Chairman of the supervisory board in September 2007.
From January 2009, Gulliver served as Chairman (non-executive) and Director of HSBC France. In February 2010, he became Chairman of HSBC Private Banking Holdings (Suisse) SA.
CEO of HSBC
Following the decision of Stephen Green to step down earlier than planned, Michael Geoghegan, CEO of HSBC, announced that he would also be resigning. It was revealed that Stuart Gulliver, who had been leading HSBC's investment banking division since 2006, would become the new CEO of HSBC on January 1, 2011.
In 2011, Gulliver was included in Bloomberg Markets' list of the "50 Most Influential People." He continues to serve as the CEO of HSBC, balancing his time between Hong Kong, where he officially resides, and Kensington, London, where he spends most of his time with his Australian wife, Mandy.