HSBC has named Annabel Spring as CEO of its recently merged global private banking business, an appointment that takes immediate effect, announced International Investment. Based in London, she will report to Charlie Nunn, CEO of HSBC’s Wealth and Personal Banking (WPB).
Spring joined the corporation in 2019 as group head of customer and products for WPB, where she has been responsible for HSBC’s international personal banking products and its Premier and Jade global services.
Previously, she worked nine years for the Commonwealth Bank of Australia, where her most recent title was group executive for wealth management. Spring also held senior roles at Morgan Stanley, including global head of firm strategy and execution.
HSBC also appointed Taylan Turan as group head of customers, products and strategy for the WPB division. He will remain group head of strategy while also assuming Spring’s former role.
Nunn said that both Spring and Turan will play “an important role” in accelerating the growth of HSBC’s business as they continue to invest in customer offering, technology and products. “As we operate in some of the fastest-growing wealth markets in the world, global private banking, a business with tremendous growth potential, is central to this ambition”, he added.
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