HSBC 2008 Annual Report Download - page 283

HSBC HOLDINGS PLC
Report of the Directors: Governance
Biographies > Directors
281
Page
Corporate Governance Report ...................... 281
Directors ....................................................... 281
Secretary ....................................................... 286
Adviser to the Board .................................... 286
Group Managing Directors ........................... 286
Group General Managers ............................. 287
Board of Directors ........................................ 290
The Board ................................................. 290
Corporate governance codes .................... 294
Board committees ..................................... 296
Internal control ......................................... 299
Directors’ interests .................................... 301
Employees .................................................... 303
Employee involvement .............................. 303
Employment of disabled persons .............. 303
Remuneration policy ................................. 303
Employee share plans ............................... 304
Subsidiary company share plans ............... 308
Employee compensation and benefits ....... 311
Corporate sustainability ................................ 312
Corporate sustainability committee .......... 312
Sustainability at HSBC ............................. 312
Sustainability risk ..................................... 312
Social and community investment ............. 312
Health and safety ...................................... 313
Supplier payment policy ........................... 313
Dividends, shareholders and meetings ......... 313
Dividends for 2008 ................................... 313
Dividends for 2009 ................................... 313
Communication with shareholders ........... 313
Notifiable interests in share capital .......... 314
Dealings in HSBC Holdings shares .......... 314
Annual General Meeting ........................... 314
Corporate Governance Report
The information set out on pages 281 to 329 and
information incorporated by reference constitutes the
Corporate Governance Report of HSBC Holdings.
Directors
S K Green, Group Chairman
Age 60. An executive Director since 1998; Group
Chief Executive from 2003 to 2006. Joined HSBC
in 1982. Chairman of HSBC Bank plc and HSBC
Private Banking Holdings (Suisse) SA. A Director of
HSBC France, HSBC North America Holdings Inc.
and The Hongkong and Shanghai Banking
Corporation Limited. Executive Director, Corporate,
Investment Banking and Markets from 1998 to 2003.
Chairman of The British Bankers’ Association.
Mr Green is a career banker having joined The
Hongkong and Shanghai Banking Corporation
Limited in 1982 with responsibility for corporate
planning activities. In 1992 he became Group
Treasurer of HSBC Holdings plc, with responsibility
for the HSBC Group’s treasury and capital markets
businesses globally. He has worked in Hong Kong,
New York, the Middle East and London and has
immense international experience and knowledge of
the HSBC Group.
M F Geoghegan, CBE, Group Chief Executive
Age 55. An executive Director since 2004. Joined
HSBC in 1973. Chairman of the Group Management
Board. Chairman of HSBC Bank USA, N.A., HSBC
Bank Canada, HSBC Latin America Holdings (UK)
Limited and HSBC USA Inc. Deputy Chairman of
HSBC Bank plc. A Director of The Hongkong and
Shanghai Banking Corporation Limited, and HSBC
North America Holdings Inc. Chief Executive of
HSBC Bank plc from 2004 to 2006. Responsible for
all of HSBC’s business throughout South America
from 2000 to 2003. President of HSBC Bank Brasil
S.A. – Banco Múltiplo from 1997 to 2003.
Mr Geoghegan is a career banker with over
35 years’ international experience with HSBC. He
has worked in the Americas, Asia, the Middle East
and Europe. He established the Group’s operations
in Brazil in 1997 following the creation of Banco
HSBC Bamerindus S.A and in 2003 he was
honoured with a CBE in recognition of his
contribution to British business interests in Brazil.
† S A Catz
Age 47. President and Chief Financial Officer of
Oracle Corporation. A non-executive Director since
1 May 2008. Managing Director of Donaldson,
Lufkin & Jenrette from 1997 to 1999. Joined Oracle
in 1999 and appointed to the Board of Directors in
2001.
Ms Catz brings to the Board a background in
international business leadership, having helped