HSBC 2015 Annual Report Download - page 254

Report of the Directors: Corporate Governance (continued)
Biographies
HSBC HOLDINGS PLC
252
Irene Lee, 62
Independent non-executive Director
Appointed to the Board: July 2015
Skills and experience: Irene has over 30 years of finance
industry experience. She has held senior positions in
investment banking and fund management in the UK, USA
and Australia including Citibank and the Commonwealth
Bank of Australia. Other former appointments include
serving as a member of the Advisory Council of JP Morgan
Australia and the Australian Takeovers Panel.
Current appointments include: Irene is Executive Chairman
of Hysan Development Company Limited. She is also a
non-executive director of The Hongkong and Shanghai
Banking Corporation Limited and Hang Seng Bank Limited.
She is a non-executive director of Cathay Pacific Airways
Limited, China Light & Power Holdings Limited and Noble
Group Limited.
John Lipsky, 69
Independent non-executive Director
Appointed to the Board: March 2012
Member of the Group Risk Committee, the Nomination Committee
and the Group Remuneration Committee.
Skills and experience: John has international experience
having worked for JPMorgan in Chile, New York, Washington
and London and interacted with financial institutions,
central banks and governments in many countries. He
served at the International Monetary Fund as First Deputy
Managing Director, Acting Managing Director and as Special
Adviser. Other former appointments include serving as a
trustee of the Economic Club of New York, and a Global
Policy Adviser for Anderson Global Macro, LLC and as
Chairman of the World Economic Forum’s Global Agenda
Council on the International Monetary System.
Current appointments include: John holds a number of
senior appointments and advisory positions in international
economic research organisations.
Rachel Lomax, 70
Independent non-executive Director
Appointed to the Board: December
2008. Senior Independent non-
executive Director since April 2015
Chairman of the Conduct & Values Committee and a member of
the Group Audit Committee, Group Risk Committee and the
Nomination Committee.
Skills and experience: Rachel has experience in both the
public and private sectors and knowledge of the operation
of the UK government and financial system. Her former
appointments include serving as Deputy Governor of the
Bank of England and Permanent Secretary at the UK
Government Departments for Transport and Work and
Pensions and the Welsh Office. She was a non-executive
director of Reinsurance Group of America Inc. and The
Scottish American Investment Company PLC.
Current appointments include: Rachel is a non-executive
director of Arcus European Infrastructure Fund GP LLP,
and Heathrow Airport Holdings Limited. She is also a
non-executive director and chairman of the corporate
responsibility committee of Serco Group plc.
Iain Mackay, 54
Group Finance Director
Appointed to the Board: December
2010
Skills and experience: Iain joined HSBC in 2007 as Chief
Financial Officer of HSBC North America Holdings Inc.
He has extensive financial and international experience,
having worked in London, Paris, the US, Africa and Asia. Iain
is a member of the Institute of Chartered Accountants of
Scotland. Other former appointments include serving as a
director of Hang Seng Bank Limited, Chief Financial Officer,
Asia-Pacific, Vice President and Chief Financial Officer of GE
Global Consumer Finance and Vice President and Chief
Financial Officer of GE Healthcare – Global Diagnostic
Imaging.
Current appointments include: Iain is Chairman of the
audit and risk committee of the British Heart Foundation.
Heidi Miller, 62
Independent non-executive Director
Appointed to the Board: September
2014
Member of the Group Risk Committee.
Skills and experience: Heidi has extensive international
banking and finance experience. She is a former President
of International at JPMorgan Chase, and was responsible
for leading the global expansion and the international
business strategy across the investment bank, asset
management, and treasury and securities services divisions.
Former appointments include serving as non-executive
director of Merck & Co. Inc. and Progressive Corp.; Executive
Vice President and Chief Financial Officer of Bank One
Corporation; Senior Executive Vice President of Priceline.com
Inc.; and Executive Vice President and Chief Financial Officer
of Citigroup Inc.
Current appointments include: Heidi was appointed chair
of HSBC North American Holdings Inc. on 1 January 2016.
She is a non-executive director of First Data Corporation,
General Mills Inc. and advisory director of SRS
Acquiom LLC.