For more detail about the Corporate Governance please refer to the Universal registration document and Annual Financial Report 2023 (PDF 3.99MB) (ZIP 3.92MB).

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 Continental Europe, a 99.9% owned subsidiary and member of an international banking group.

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


The board comprises 14 directors, appointed for three years.

  • Jean Beunardeau
    Chairman of the Board
    Vice Chairman Global Banking Europe Groupe HSBC
  • Andrew Wild
    Chief Executive, HSBC Continental Europe
  • Irina Aggelidakis
    Director elected by employees
  • Paule Cellard
    Independent director
  • Pablo Forero 
    Independent director
  • Deirdre Hannigan
    Independent director
  • Stephen O’Connor
    Vice Chairman and Independent director
    Chairman HSBC Bank Plc
  • Pascale Peluso
    Director elected by employees
  • Dominique Perrier
    Independent director
  • Arnaud Poupart-Lafarge
    Independent director
  • Lucile Ribot
    Independent director
  • Eric Strutz
    Independent director
  • Michaël Trabbia
    Independent Director
  • Emmanuelle Vigneron 
    Director elected by employees

To find out more about the members and the work of the Board of Directors, read the 2023 Universal registration document (pages 26 to 35) (PDF 3.99MB).

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 Continental Europe has decided to set up four Board committees, acting under the responsibility of the Board: the Risk Committee, the Audit Committee, the Nomination & Corporate Governance Committee and the Remuneration Committee.

Risk Committee

Membership:

  • Eric Strutz (Independent Director) – Appointed in 2022 as a member and Chairman
  • Pablo Forero (Independent Director) – Appointed 6 October 2023
  • Deirdre Hannigan (Independent Director) – Appointed 30 June 2023
  • Michaël Trabbia (Independent Director) – Appointed in 2022

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 in 2023, read the 2023 Universal registration document (pages 36 and 37) (PDF 3.99MB).

Audit Committee

Membership:

  • Deirdre Hannigan (Independent Director) – Appointed 30 June 2023 as Chairman
  • Dominique Perrier (Independent Director) – Appointed in 2019
  • Lucile Ribot (Independent Director) – Appointed in 2017 and Chairman from 2022 to June 2023
  • Eric Strutz (Independent Director) – Appointed in 2022

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, control of financial information, capital and liquidity ratios in support of the Risk Committee, dividend policy, capital allocation policy, management of the Finance function, 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 in 2023, read the 2023 Universal registration document (pages 35 and 36) (PDF 3.99MB).

Nomination & Corporate Governance Committee

Membership:

  • Arnaud Poupart Lafarge (Independent Director) – Appointed in 2020 as a member and in 2022 as Chairman
  • Jean Beunardeau – Appointed in 2021
  • Stephen O’Connor – (Independent director) – Appointed in 2022

Duties:

The Nomination & Corporate Governance Committee reports its activities to the Board and is responsible for leading the processes for Board and Board Committees appointments and for identifying and nominating for the approval of the Board, candidates for appointment to the Board and its committees.

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 & Corporate Governance Committee in 2023, read the 2023 Universal registration document (page 38) (PDF 3.99MB).

Remuneration Committee

Membership:

  • Arnaud Poupart Lafarge (Independent Director) – Appointed in 2020 as a member and in 2022 as Chairman
  • Pablo Forero (Independent Director) – Appointed 9 February 2024

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 in 2023, read the 2023 Universal registration document (pages 38 and 39) (PDF 3.99MB).

Corporate governance code

Given the HSBC Continental Europe's specific situation of 99.9 per cent owned subsidiary of the HSBC Group and which capital securities are not admitted to trading on a regulated market, HSBC Continental Europe does not refer to any corporate governance code drawn up by business representative organisations. HSBC Continental Europe, like all entities of the HSBC Group, is committed to apply high standards of corporate governance. The HSBC Group has a comprehensive set of principles, policies and procedures, influenced by the UK Corporate Governance Code and which includes requirements in terms of the independence, composition and effectiveness of the Board of Directors, in order to ensure that the HSBC Group is well managed, with an appropriate oversight and control.

Continental Europe Executive Committee

Andrew Wild

Chief Executive Officer

Chris Davies

Directeur Général Délégué

Joseph Swithenbank

Directeur Général Délégué – Chief Financial Officer

Anne-Lise Bapst

Head of Communication

Andrew Beane

Head of Commercial Banking

Laurence Bogni-Bartholmé

Head of ESG Execution

Isabelle Bourcier

Head of Asset Management

Marwan Dagher

Head of Markets & Securities Services

Eric Emoré

Head of Wealth and Personal Banking

François Essertel

Market Head International Europe

Geoffrey Fichte

CEO of HSBC Malta

Lisa Hicks

Head of Strategy and Organisation

Marc de Lapérouse

Head of Legal

Fredun Mazaheri

Chief Risk Officer

François Mongin

Head of Internal Audit

Camille Olléon

Head of Human Ressources

Geneviève Penin

Head of Corporate Governance & Secretariat and Company Secretary


Antoine Pfister

Head of Compliance

Jean-Manuel Richier

Co-Head of Global Banking

Laurence Rogier

Head of Insurance

Michael Schleef

CEO of HSBC Germany

Anna Tavano

Co-Head of Global Banking

Olfert de Wit

Chief Operating Officer






Subsidiaries management

HSBC Factoring (France)

  • Chairman: Virginie Grand
  • Chief Executive: Alexandre Mardam Bek
  • Deputy CEO: Nicolas Henrion

HSBC Real Estate Leasing (France)

  • Chairman: Jean-Louis Rannou
  • Chief Executive: Jean-Marc Gelin
  • Deputy CEO: François Duez

HSBC Global Asset Management (France)

  • Chairman: Jean Beunardeau
  • Chief Executive: Isabelle Bourcier
  • Deputy CEO: Grégory Taillard

HSBC Epargne Entreprise (France)

  • Chairman: Jacques Sourbier
  • Chief Executive: Julien Barbat
  • Deputy CEO: Olivier Gaval

HSBC REIM (France)

  • Chairman of the Management Board: Pierre Gil
  • Chief Executive: Patricia Dupont-Lievens

HSBC Global Asset Management (Deutschland) GmbH

  • Executive Director : Michael Schleef

HSBC Global Asset Management (Malta) Limited

  • Chairman : Geoffrey Fichte
  • Chief Executive : Lisa Vella

HSBC Assurances Vie (France)

  • Chairman: Eric Emoré
  • Chief Executive: Laurence Rogier
  • Deputy CEO : Virginie Bayle-Beausir

HSBC Life Assurance (Malta) Limited

  • Chairman: Geoffrey Fichte
  • Chief Executive: Muriel Rutland

HSBC Private Banking (Luxembourg) S.A.

  • Chairman: François Essertel
  • Chief Executive: Pascal Julliard

HSBC Bank Malta p.l.c

  • Chairman: John Bonello
  • Chief Executive: Geoffrey Fichte

Visit the Investor relations section of our global corporate website for HSBC Continental Europe's Annual Report and Accounts, and other documents and reports for HSBC Continental Europe.