HSBC Appoints Gregory Garnier As CEO
HSBC announced the appointment of Gregory Garnier as CEO of HSBC Bank Bermuda Limited, effective September 23, 2024.
A spokesperson said, “Gregory Garnier, joined HSBC 22 years ago in Mergers and Acquisitions in Paris and has led teams in France and the US in a wide range of Investment Banking and Global Banking roles. His most recent assignment was as CEO HSBC Russia.
“He brings a strong client-facing background and is keen to continue to develop the Bermuda business in line with HSBC Group’s strategy.
“Gregory will succeed Steve Banner who has served as CEO of the Bermuda business for 6 years.”
Colin Bell, CEO, HSBC Bank plc and HSBC Europe said: “I would like to congratulate Gregory on his appointment and to thank Steve for his successful leadership of the Bermuda business. During his tenure the Bermuda business has strengthened and is well positioned for further growth.”
On his appointment Gregory Garnier shared: “I am looking forward to working with our colleagues in Bermuda, engaging with our clients and local stakeholders and continuing to build on the great work that has positioned the bank as the leading international bank and the bank of choice for customers.”
Chairman of the Board for HSBC Bermuda, Tony Joaquin, stated: “We extend a warm Bermuda welcome to Gregory and his family from the local team. We look forward to working with him as we continue to leverage the many benefits our customers can derive from doing business with HSBC.
“Steve Banner has made significant contributions to the business over the last six years and on behalf of the Board of HSBC Bermuda, I sincerely thank him for his strong leadership and the many ways he has ensured the bank is optimally placed to meet with future success.”
There is a long story hiding in the closet regarding the down fall of the Bank of Bermuda Limited which failed with it loan policies in comparison to that of another bank succeding with the change over in the same building.
I am sure the staff survivors of that past era will thank H.S.B.C. for saving their bacon .