Amanda Murphy and Frank Fang

HSBC has announced that Amanda Murphy and Frank Fang will jointly lead the bank’s commercial banking business in Asia-Pacific, effective December 1.

Murphy, currently head of commercial banking at HSBC UK, will become head of commercial banking for South and Southeast Asia. Relocating to Singapore, she will have oversight of the bank’s local commercial banking franchises in India, Southeast Asia, Australia as well as international markets.

As head of commercial banking, Hong Kong and Macau, Fang will continue to lead the bank’s businesses in both markets, supporting clients as they capture the opportunities arising from the Greater Bay Area.

Murphy and Fang will serve on the global commercial banking executive committee (ExCo), reporting to Barry O’Byrne, chief executive officer for global commercial banking. They will also join the HSBC Asia-Pacific ExCo.

Also effective December 1, Joseph Ma, head of commercial banking in China, will join the global commercial banking ExCo and report to Barry O’Byrne.

Stuart Tait, who has been leading the Asia-Pacific commercial banking franchise since 2016, will assume the role of head of commercial banking, HSBC UK, subject to regulatory approval.