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HSBC names co-heads of debt capital markets; Nordea names 3 execs


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HSBC names co-heads of debt capital markets; Nordea names 3 execs

S&P Global Market Intelligence presents a daily roundup of management and board changes at financial institutions in Europe. This feature excludes C-level leadership changes and previously reported stories.


HSBC Holdings PLC named Adam Bothamley and Sean McNelis co-heads of debt capital markets, replacing Jean-Marc Mercier, Financial News reported, citing an internal memo.

Mercier became vice-chair of capital markets in November.

Nordea Bank

Finland's Nordea Bank Abp appointed three executives, subject to regulatory approval, as part of an organizational and management restructure to boost income growth initiatives and optimize operational efficiency.

Sara Mella was appointed head of personal banking and a member of the group leadership team, effective immediately. Mella has been acting head of personal banking since September and previously served as Nordea's head of personal banking in Finland.

Meanwhile, Christina Gadeberg was promoted to head of group people from acting head of group people, a role she was assigned in September. Gadeberg will also work as a member of the group leadership team, effective immediately. Previously, she was also head of people business partners and head of people at Nordea Asset & Wealth Management.

Erik Ekman, who is currently head of commercial and business banking and also acting head of group business risk management, will become head of group business support, effective Jan. 1, 2020. Ekman will also remain a member of the group leadership team.


Executive committee member Dirk Dewals and legal counsel Stijn van Loock have become the most recent top executives to leave Belgian investment company Gimv NV, De Tijd reported. Eric de Montgolfier, who headed its French unit, had announced his departure in the middle of October. Gimv lost six of nine executive committee members in 2017, something the company said at the time was linked to "job hopping."

Landesbank Hessen-Thüringen Girozentrale

Christian Schneider will step down as head of the savings banks credit and alliance services business at Landesbank Hessen-Thüringen Girozentrale, the German state-owned bank announced Dec. 17. He has taken the planned restructuring of Helaba as an opportunity to ask the management board to terminate his contract, the bank said. Schneider joined Helaba in 2014 and took on his current role in 2017.

Standard Life Aberdeen

Standard Life Aberdeen PLC's chief investment officer Roderick Paris will leave as an executive director, effective Dec. 31, as part of an ongoing restructuring of the company's board. Paris will continue to be the company's chief investment officer, reporting to CEO Keith Skeoch.

Standard Life Aberdeen Vice Chairman Martin Gilbert will not participate in re-election to the board at the May 12, 2020, annual general meeting.

Secure Trust Bank

U.K.-based Secure Trust Bank PLC appointed David McCreadie an independent nonexecutive director. He will also serve on the risk committee, effective Jan. 1, 2020. McCreadie previously worked at Tesco Bank as an executive director and managing director.

McCreadie will also join the bank's risk committee.

Additionally, Paul Marrow, chairman of the risk committee and senior independent director, will step down from his roles at the bank's general meeting on May 13, 2020.

Chairman of the audit committee Ann Berresford will be appointed as senior independent director, while Paul Myers will succeed Marrow's role as chairman of the risk committee.

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