27 March 2023

Appointment of Global Head of Markets & Securities Services

Patrick George has been appointed Global Head of Markets & Securities Services (MSS), responsible for the strategic direction and delivery of the business globally, serving clients across HSBC Group. Prior to this role, he was Head of Western Markets, responsible for MSS activities across Europe and North America.

Patrick joined HSBC in 1996, and has held a number of senior management positions across Sales and Trading, including Head of Global Markets, EMEA, as well as Head of Global Markets Institutional Client Group; Global Head of Equities; Head of Global Equities, EMEA; Global Head of Hedge Funds Group; and Head of Emerging Markets Equities, CEEMEA.

Commenting on his new role, Patrick said: “It’s a privilege to be appointed Global Head of Markets & Securities Services for HSBC, and I look forward to working closely with clients and colleagues in the Middle East. I’ve seen first-hand how the region is booming economically and socially, and with our origins in the Middle East dating back more than 130 years, HSBC is well placed to build on our strong client and stakeholder relationships in support of sustainable growth and development. We’re connecting international customers to the region who are increasingly engaged in countries pursuing some of the world’s most ambitious economic reform agendas.”

Patrick George, Global Head of Markets & Securities Services (MSS)

Note to editors

HSBC in the MENAT region
HSBC is the largest and most widely represented international banking organisation in the Middle East, North Africa and Türkiye (MENAT), with a presence in nine countries across the region: Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Saudi Arabia, Türkiye and the United Arab Emirates. In Saudi Arabia, HSBC is a 31% shareholder of Saudi British Bank (SABB), and a 51% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom. Across MENAT, HSBC had assets of US$71bn as at 31 December 2022.