HSBC Names Malaysia Head of Wealth and Personal Banking
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HSBC has appointed a successor for the role of wealth and personal banking head in Malaysia after it was left vacant for three months.
HSBC named Renee Bullock-Cann as head of wealth and personal banking (WPB) in Malaysia, according to a statement, succeeding Tara Latini who was named head of WPB in the U.S. in April.
Bullock-Cann reports to HSBC Malaysia chief executive Stuart Milne and APAC regional head of wealth and personal banking Greg Hinston.
Bullock-Cann was most recently the head of distribution for WPB in Malaysia after relocating to the country in 2019. Previously, she was head of WPB for HSBC Bermuda.
According to HSBC, Malaysia is a priority market for the bank which has made various investments including $18 million from 2018 to 2020 to improve branches and client experience; $40 million from 2021 to 2023 to add tech capabilities to branches; the creation of 200 new roles; and the roll-out of various digital services.
Our ambition is simple: we want to be the bank that Malaysians turn to for their international needs, Milne said.
We will leverage our unparalleled international network, enhance our range of wealth solutions and focus on building our digital capabilities including our mobile functionality, our in-branch technology, and our people’s digital skills.
Questions & Answers
Q.Who did Renee Bullock-Cann replace as head of WPB in Malaysia?
Who did Renee Bullock-Cann replace as head of WPB in Malaysia?
She succeeded Tara Latini, who was appointed as the head of Wealth and Personal Banking in the U.S. In April. The position in Malaysia had been vacant for three months prior to Bullock-Cann's appointment.
Q.What was Renee Bullock-Cann's previous role before this appointment?
What was Renee Bullock-Cann's previous role before this appointment?
Before becoming head of WPB in Malaysia, Renee Bullock-Cann was the head of distribution for Wealth and Personal Banking in Malaysia. She relocated to the country in 2019 and previously led WPB for HSBC Bermuda.
Q.How much has HSBC invested in improving its branches in Malaysia?
How much has HSBC invested in improving its branches in Malaysia?
HSBC invested $18 million from 2018 to 2020 to improve branches and client experience. Also, $40 million was allocated from 2021 to 2023 to enhance tech capabilities within its branches.
Q.What is HSBC's main ambition in the Malaysian market?
What is HSBC's main ambition in the Malaysian market?
HSBC's ambition in Malaysia is to become the bank that customers choose for their international banking requirements. They aim to achieve this by using their international network and developing digital services.
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