Board of Directors

The Board of Directors determines the course of the company’s operations and ensures they are carried out properly. Regarding governance system oversight and risk supervision, it reviews governance arrangements and approves strategies and policies governing risks taking, management, monitoring and mitigation. It deliberates on all matters falling under its legal and regulatory obligations, as well as those pertaining to statutory provisions. Its proceedings take into account the status of HSBC France, a 99.9% owned subsidiary and member of an international banking group.

The internal rules of the Board of Directors of HSBC France are intended to define its missions, and the ways it is organised and operates.

To find out more about the internal rules of the Board of Directors, see the HSBC France 2016 Annual Report and Accounts (page 40) (PDF 3MB).


The board comprises 19 directors, appointed for three years.

  • Samir Assaf
    Chairman of the Board
    Chief Executive Global Banking and Markets HSBC Group
  • Jean Beunardeau
    Chief Executive, HSBC France
    Head of Global Banking and Markets in France
  • Andrew Wild
    Deputy CEO, HSBC France
    Head of Commercial Banking
  • Ibtissam Bara
    Director elected by employees
  • Ludovic Bénard
    Director elected by employees
  • Xavier Bertrand
    Director elected by employees
  • Paule Cellard
    Independent director
  • Martine Gerow
    Independent director
  • Lindsay Gordon
    Independent director
  • Philippe Houzé
    Independent director
  • Anne Méaux
    Independent director
  • Thierry Moulonguet
    Independent director
  • Arnaud Poupart-Lafarge
    Independent director
  • Philippe Purdy
    Director elected by employees
  • Lucile Ribot
    Independent director
  • Carola von Schmettow
    Chairman of the Management Board, HSBC Trinkaus & Burkhardt
  • Antonio Simoes
    CEO of HSBC Bank plc
  • Brigitte Taittinger
    Independent director
  • Jacques Veyrat
    Independent director

To find out more about the members of the Board of Directors, see the HSBC France 2016 Annual Report and Accounts (pages 26 to 38) (PDF 3MB).

To find out more about the work of the Board of Directors, see the HSBC France 2016 Annual Reports and Accounts (pages 45 to 47) (PDF 3MB).

Board committees

In order to prepare Board deliberations in certain areas, the Board may choose to set up specialised committees, permanent or not, determining their membership depending on the matters they will have to review. The committees report to the Board on their work and, where appropriate, make recommendations for the Board to decide on.

The Chairman of each Committee reports on the work of his Committee to the Board meeting immediately following the meeting of the Committee.

In application of article 13 of the Memorandum and Articles of Association and in accordance with the regulation in force, the Board of Directors of HSBC France has decided to set up four Board committees, acting under the responsibility of the Board: the Risk Committee, the Audit Committee, the Nomination Committee and the Remuneration Committee.

Risk Committee

Membership:

  • Lindsay Gordon (Independent Director) - Appointed in 2013 as a member and in November 2015 as Chairman
  • Martine Gerow (Independent Director) - Appointed in 2012
  • Thierry Moulonguet (Independent Director) - Appointed in 2009 as a member and Chairman from 2010 to November 2015

Duties:

The Risk Committee is accountable to the Board and has non-executive responsibility for oversight of and advice to the Board on matters relating to high level risk related matters and risk governance.
The Committee meets with the Statutory Auditors and the Head of Internal Audit in private at least once per year to ensure that there are no unresolved issues or concerns. In order to carry out these duties, the Committee may consult any expert as it deems appropriate.

To find out more about the duties and work of the Risk Committee, see the HSBC France 2016 Annual Reports and Accounts (pages 49 to 52) (PDF 3MB).

Audit Committee

Membership:

  • Thierry Moulonguet (Independent Director) - Appointed in 2009 as a member and in  2010 as Chairman
  • Martine Gerow (Independent Director) - Appointed in 2012
  • Lindsay Gordon (Independent Director) - Appointed in 2013

Duties:

The Audit Committee is accountable to the Board and has non-executive responsibility for oversight of and advice to the Board on matters relating to budget, financial reporting, capital adequacy and liquidity ratios in support of the Risk Committee, dividend policy, Finance function monitoring and internal audit.

The Committee meets with the Statutory Auditors and the Head of Internal Audit in private at least once per year to ensure that there are no unresolved issues or concerns. In order to carry out these duties, the Committee may consult any expert as it deems appropriate.

To find out more about the duties and work of the Audit Committee, see the HSBC France 2016 Annual Reports and Accounts (pages 47 to 49) (PDF 3MB).

Nomination Committee

Membership:

  • Philippe Houzé (Independent Director) - Appointed in 1999 as a member and in 2009 as Chairman
  • Samir Assaf - Appointed in 2012
  • Jacques Veyrat (Independent Director) - Appointed in 2010

Duties:

The Nomination Committee is accountable to the Board and its main tasks are as follows:

  • To review regularly the composition and efficiency of the Board and Committees and to make recommendations to the Board concerning the appointment or renewal of Directors and of members or Chairman of a specialised committee of the Board;
  • To review and ensure monitoring of Directors’ training;
  • To prepare any question regarding corporate governance for the Board’s consideration.

In order to carry out these duties, the Committee may consult any expert as it deems appropriate.

To find out more about the duties and work of the Nomination Committee, see the HSBC France 2016 Annual Reports and Accounts (pages 52 and 53) (PDF 3MB).

Remuneration Committee

Membership:

  • Philippe Houzé (Independent Director) - Appointed in 1999 as a member and in 2009 as Chairman
  • Samir Assaf - Appointed in 2012
  • Ludovic Bénard (elected by employees) - Appointed in 2017
  • Jacques Veyrat (Independent Director) - Appointed in 2010

Duties:

The Remuneration Committee’s main tasks are as follows:

  • To consider any matter related to remuneration and to provide advice on remuneration policy and structure to the Board. In particular the Committee considers Executive Directors’ compensation and makes recommendations and proposals to the Board;
  • To make recommendations on Directors’ remuneration, in particular on fees sharing;
  • To review annually the policy for the compensation of employees, in particular risk takers and other employees subject to specific provisions in this area.

Regarding Executive Directors’ compensation, the Committee’s recommendations are made to the Board after HSBC Holdings plc Remuneration Committee’s approval or are then submitted to the latter.
In order to carry out these duties, the Committee may consult any expert as it deems appropriate.

To find out more about the duties and work of the Remuneration Committee, see the HSBC France 2016 Annual Reports and Accounts (pages 53 and 54) (PDF 3MB).

Corporate governance code

As HSBC France is a 99.9% owned subsidiary of the HSBC Group and as its shares are not listed on a regulated market, HSBC France refers to the Corporate Governance Code for HSBC Group companies.

Executive Committee

Jean Beunardeau

Chief Executive and Head of Global Banking and Markets

Andrew Wild

Deputy Chief Executive Officer, Deputy to the CEO, Head of Commercial Banking

Philippe Pontet

Chairman Investment Banking

Anne-Lise Bapst

Head of Communication

Marine de Bazelaire

Head of Corporate Sustainability

Xavier Boisseau

Deputy Head of Global Banking and Markets

Hubert Bouxin

Co-Head of Banking

Myriam Couillaud

Head of Human Resources

Eric Emoré

Head of Insurance

François Essertel

Head of Private Banking

Emma Evans

Head of Financial Crime Compliance

Laurent Facque

Head of Regulatory Compliance

Sébastien Guillo

Head of Strategy and Organisation

Marc de Lapérouse

Head of Legal

Nathalie Léonard

Head of Tax

Philippe Moiroud

Chief Operating Officer

François Mongin

Head of Internal Audit

Matteo Pardi

Head of Asset Management

Emmanuel Rémy

Chief Risk Officer

Laurence Rogier

Chief Financial Officer

Thomas Vandeville

Head of Retail Banking and Wealth Management

Simon Vaughan Johnson

Head of Remediation Management Office

Geneviève Penin

Company Secretary


Subsidiaries management

HSBC Factoring (France)

  • Chairman: Philippe Henry
  • Chief Executive: Béatrice Collot
  • Deputy CEO: Olivier Sabineu

HSBC SFH (France)

  • Chairman: Laurence Rogier
  • Chief Executive: Guillaume Makowski
  • Deputy CEO: Mathieu Gaudin

HSBC Leasing (France)

  • Chairman: Philippe Lespagnol
  • Chief Executive: Guy Woelfel
  • Deputy CEO: François Duez

HSBC Real Estate Leasing (France)

  • Chairman: Philippe Lespagnol
  • Chief Executive: Dominique Paulhac
  • Deputy CEO: Jean-Marc Gelin

HSBC Global Asset Management (France)

  • Chairman: Jean Beunardeau
  • Chief Executive: Matteo Pardi
  • Deputy CEO: Guillaume Rabault

HSBC Epargne Entreprise (France)

  • Chairman: Julien Coquet
  • Chief Executive: Julien Barbat
  • Deputy CEO: Cédric Gilbert

HSBC REIM (France)

  • Chairman of the Management Board: Dominique Paulhac
  • Chief Executive: Patricia Dupont-Lievens

HSBC Assurances Vie (France)

  • Chairman: Jean Beunardeau
  • Chief Executive: Eric Emore