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Thursday, 12 August 2010

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HSBC official in Sri Lanka today



John Coverdale

HSBC Group General Manager and Commercial Banking Global Co-head John Coverdale, will arrive in the country today on an official visit to meet with customers and senior management of the Bank. During his visit he will also meet with Government officials and engage in key events organized by the bank.

Coverdale has extensive experience in Asia and presently oversees HSBC’s relationships with corporates and SME’s in Asia Pacific, the Middle East and Latin America.

Before taking up his current role in March 2009, he was Managing Director of The Saudi British Bank (SABB), a position he held from 2005. HSBC has a 40 percent shareholding in SABB. He was also Deputy Chairman of HSBC Saudi Arabia and a board member of HSBC Bank Middle East, HSBC Bank Egypt and SABB Takaful.

Coverdale joined HSBC in 1977. He was Executive Director and Deputy Chief Executive of HSBC Bank Malaysia from 2000 to 2005. Prior to that he was Chief Operating Officer for HSBC in the United Arab Emirates from 1998 to 2000.

He has also worked in Malaysia, Indonesia and Brunei including three postings in Honk Kong between the late 1970s and mid-1990s, the last role being Head of Corporate Recovery.

He is also a Director of HSBC Global Asset Management (Hongkong) Ltd.

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