HSBC 2012 Annual Report Download - page 308

HSBC HOLDINGS PLC
Report of the Directors: Corporate Governance (continued)
Directors / Secretary / Adviser to the Board
306
J P Lipsky†, 66
Member of the Group Risk Committee since 1 March
2012 and Nomination Committee since 24 May
2012.
Skills and experience: international experience
having worked in Chile, New York, Washington and
London and interacted with financial institutions,
central banks and governments in many countries.
Served at the International Monetary Fund as First
Deputy Managing Director, Acting Managing
Director and as Special Advisor. Has a PhD from
Stanford University.
Appointed to the Board: 1 March 2012
Current appointments include: Distinguished
Visiting Scholar, International Economics
Program at the Paul H. Nitze School of Advanced
International Studies, Johns Hopkins University.
Co-chairman of the Aspen Institute Program on the
World Economy; director of the National Bureau of
Economic Research; and member of the advisory
board of the Stanford Institute for Economic Policy
Research and the Council on Foreign Relations.
A director of the Center for Global Development
since 1 May 2012; and Global Policy Advisor for
Anderson Global Macro, LLC since 4 February
2013.
Former appointments include: Vice Chairman
J P Morgan Investment Bank; director of the
American Council on Germany and the Japan
Society; and a trustee of the Economic Club of
New York.
J R Lomax†, 67
Member of the Group Audit Committee and Group
Risk Committee.
Skills and experience: experience in both the public
and private sectors and a deep knowledge of the
operation of the UK government and financial system.
Appointed to the Board: 2008
Current appointments include: Chairman of the
International Regulatory Strategy Group and a
director of TheCityUK since 1 January 2013;
non-executive director of The Scottish American
Investment Company PLC, Reinsurance Group of
America Inc., Arcus European Infrastructure Fund
GP LLP and Heathrow Airport Holdings Limited
(formerly BAA Limited); member of the Council
of Imperial College, London; and President of the
Institute of Fiscal Studies.
Former appointments include: Deputy Governor,
Monetary Stability, at the Bank of England and
member of the Monetary Policy Committee;
Permanent Secretary at the UK Government
Departments for Transport and Work and Pensions
and the Welsh Office; and Vice President and Chief
of Staff to the President of the World Bank.
I J Mackay, 51
Group Finance Director
Skills and experience: extensive financial and
international experience, having worked in London,
Paris, US and Asia. Member of the Institute of
Chartered Accountants of Scotland. Joined HSBC
in 2007.
Appointed to the Board: 2010
Current appointments include: member of the
Group Management Board.
Former appointments include: director of Hang
Seng Bank Limited; Chief Financial Officer, Asia-
Pacific; and Chief Financial Officer, HSBC North
America Holdings Inc; Vice President and Chief
Financial Officer of GE Consumer Finance and
Vice President and Chief Financial Officer of
GE Healthcare – Global Diagnostic Imaging.
Sir Simon Robertson†, 72
Deputy Chairman and senior independent
non-executive Director
Chairman of the Nomination Committee and member
of the Financial System Vulnerabilities Committee.
Skills and experience: a background in international
corporate advisory with a wealth of experience in
mergers and acquisitions, merchant banking,
investment banking and financial markets; honoured
with a knighthood in recognition of his services to
business; extensive international experience having
worked in France, Germany, the UK and the US.
Appointed to the Board: 2006
Current appointments include: non-executive
Chairman of Rolls-Royce Holdings plc until 2 May
2013. The founding member of Robertson Robey
Associates LLP, formerly Simon Robertson
Associates LLP; non-executive director of Berry
Bros. & Rudd Limited, The Economist Newspaper
Limited; and, since 8 May 2012, Troy Asset
Management; partner of NewShore Partners LLP;
and trustee of the Eden Project Trust and the Royal
Opera House Endowment Fund.