HSBC has appointed Greg Hingston, the current head of wealth and personal banking (WPB) in Hong Kong, as the head of WPB for the Asia-Pacific region, effective April 1.
Hingston, a 14-year veteran with HSBC, has held numerous leading positions at the bank, including global head of strategy for retail banking and wealth management, head of customer value management, head of international, RBWM Europe, and regional head of retail banking, EMEA.
“As head of our retail business in Hong Kong, Greg was instrumental in driving growth and evolving customer experience, including bringing our social payment platform PayMe to over 1.9 million people and advancing [our] mobile banking and digital investment capabilities,” says HSBC’s Charlie Nunn, chief executive officer of WPB. “Under Greg’s leadership we’ll continue to capture market share and grow with our customers across Asia, particularly in the Greater Bay Area and ASEAN.”
HSBC’s WPB unit is the result of a 2019 merging of the bank’s retail banking, wealth management and global private banking to form a US$1.4 trillion business designed to cover the entire spectrum of private wealth, from retail clients to ultra-high-net-worth individuals.