HSBC appoints Martin Richards as Global Head of Sustainable Finance – Client Infrastructure for Commercial Banking

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NEW YORK–(COMMERCIAL THREAD) – HSBC Global Commercial Banking today announced that Martin Richards has been appointed Global Head of Sustainable Finance – Client Infrastructure for Commercial Banking. In this role, he will focus on delivering market-leading sustainable finance solutions that support the entire ecosystem surrounding our clients’ transition ambitions.

“We are delighted that Martin is helping our coverage teams deliver sustainability solutions to clients around the world,” said Barry O’Byrne, CEO of Global Commercial Banking. “Martin’s dedication to our clients and their sustainable financing ambitions will position HSBC as a market leader. ”

Previously, Richards was responsible for corporate banking services in the United States and was responsible for delivering HSBC’s international proposition to mid-market and large corporate clients. He has been with HSBC for six years, leading to significant growth in our corporate client franchise in the United States.

“I am energized by the opportunity to support both our coverage teams across the business sector and our clients who are at all stages of their green initiatives,” said Richards. “We are committed to leveraging our net zero carbon portfolio ambitions to implement world class solutions. ”

Richards will retain his role as Chairman of HSBC Ventures, a US-based company that provides flexible capital to growth-oriented companies around the world, pursuing their goals of innovation and expansion.

Notes to Editors:

HSBC Bank USA, National Association (HSBC Bank USA, NA) serves clients through retail and wealth management, commercial banking, private banking, world bank and market segments. It operates bank branches in: California; Washington DC; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, NA is the principal subsidiary of HSBC USA Inc., a wholly owned subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, NA is a member of the FDIC. Investment and brokerage services are provided by HSBC Securities (USA) Inc., (NYSE / FINRA / SIPC member) and insurance products are provided by HSBC Insurance Agency (USA) Inc.

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers around the world from offices in 64 countries and territories in its geographic regions: Europe, Asia, North America, Latin America, Middle East and North Africa. With assets of US $ 2,976 billion as of June 30, 2021, HSBC is one of the world’s largest banking and financial services organizations


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