John Flint (businessman)

Last updated

John Flint
Born
John Michael Flint

1968 (age 5556)
Yorkshire, England
Education Giggleswick School
Alma mater Portsmouth University
OccupationBanker
Years active1989 – present
Known forFormer CEO of HSBC
TitleCEO, UK Infrastructure Bank
TermFebruary 2018 – August 2019
Predecessor Stuart Gulliver
Successor Noel Quinn
Children2

John Michael Flint (born 1968) is a British banking businessman, who was chief executive (CEO) of HSBC Group from February 2018, having succeeded Stuart Gulliver. After serving for about 18 months, Flint announced on 5 August 2019 that he would be stepping down from the position, after a mutual agreement with the board. [1] [2] He is the chief executive of the UK Infrastructure Bank. [3]

Contents

Early life

Flint was born in Yorkshire in 1968. [4] He was educated at Dhahran Academy and Giggleswick School. [5] Flint grew up in Yorkshire in the early 1970s before moving to Saudi Arabia at the age of 7 where he attended elementary school when his father was a university professor. He returned to Yorkshire to go to boarding school. [6] He earned a bachelor's degree in economics from the Portsmouth Polytechnic. [5]

Career

He joined HSBC in 1989 as international officer, and spent 14 years developing markets in Asia. In 2004, he integrated all of HSBC's investment activities under HSBC Global Asset Management umbrella. [7] In 2006, Flint was promoted Group Treasurer, and Deputy Head of Global Markets and Head of Global Markets MENA in 2008. [8] In 2010, Flint became the CEO of HSBC Global Asset Management. [9] In 2012, he was named chief of staff to the group's CEO, in charge of strategy and planning. [10] In January 2013, Flint became a managing director of HSBC and CEO of retail banking and wealth management (RBWM). [11]

In October 2017, Flint was named CEO-designate of HSBC, and took over from Stuart Gulliver on 21 February 2018. [1] [2] [12]

On 5 August 2019, he immediately ceased his day-to-day operations at the bank after mutual agreement with the board. His interim successor was named as Noel Quinn. [13] No official reasons for this move were presented. [13]

In September 2021, Flint was announced as the first permanent chief executive of the UK Infrastructure Bank, where he leads the organisation to support regional growth. [3] [14]

Personal life

Flint is married with two children. [5]

Flint competes in triathlon and Ironman competitions. [15]

Related Research Articles

<span class="mw-page-title-main">HSBC</span> British multinational bank group

HSBC Holdings plc is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$2.919 trillion as of December 2023.

HSBC Bank Canada, formerly the Hongkong Bank of Canada (HBC), was a British-Canadian chartered bank and the former Canadian subsidiary of British multinational banking and financial services company HSBC.

<span class="mw-page-title-main">HSBC (Hong Kong)</span> HongkongBank, subsidiary of HSBC Group

The Hongkong and Shanghai Banking Corporation Limited, commonly abbreviated as HSBC and formerly known as HongkongBank, is the Hong Kong-based Asia-Pacific subsidiary of the HSBC banking group, for which it was the parent entity until 1991. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.

<span class="mw-page-title-main">Banco Santander</span> Spanish multinational bank

Banco Santander S.A. trading as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in most global financial centres as the 19th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by the Financial Stability Board.

<span class="mw-page-title-main">Naina Lal Kidwai</span> Indian banker (born 1957)

Naina Lal Kidwai is an Indian banker, chartered accountant and business executive. She was formerly a Group General Manager and the Country Head of HSBC India. She is also a former President of the Federation of Indian Chambers of Commerce and Industry (FICCI).

<span class="mw-page-title-main">Stephen Green, Baron Green of Hurstpierpoint</span> British politician (born 1948)

Stephen Keith Green, Baron Green of Hurstpierpoint, is a British politician, former Conservative Minister of State for Trade and Investment, former group chairman of HSBC Holdings plc, and Anglican priest.

Michael Francis Geoghegan CBE is an international banking business executive, who served as the chief executive (CEO) of HSBC from 26 March 2006 to 31 December 2010. He joined HSBC in 1973 and had previously led the group's South American and European operations.

HSBC Bank Bermuda Limited, previously the Bank of Bermuda Limited, is a financial services company in Bermuda providing retail and corporate banking, investment, custody and fund administration services to international and local clients. In 2004 the HSBC Group acquired the Bank of Bermuda, which has since become a focus for certain fund management and private banking activities. The bank sold much of its Cayman operations in 2014, and disposed its private banking operations at the end of April 2016. The three remaining divisions are retail banking wealth management, commercial banking and global banking and markets. These three businesses represent over 90% of total revenues.

Butterfield, officially The Bank of N. T. Butterfield & Son Limited, is a financial services company founded and headquartered in Bermuda. It provides services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where its principal banking operations are located, and The Bahamas, Switzerland, Singapore and the United Kingdom, where it offers specialized financial services. Banking services comprise deposit, cash management and lending for individual, business and institutional clients. Wealth management services are composed of trust, private banking, asset management and custody. In Bermuda, the Cayman Islands and Guernsey, Butterfield offers both banking and wealth management. In The Bahamas, Singapore and Switzerland, Butterfield offers select wealth management services. In the UK, Butterfield offers residential property lending. In Jersey, it offers banking and wealth management services. Butterfield is publicly traded on the New York Stock Exchange and the Bermuda Stock Exchange.

<span class="mw-page-title-main">Securities Industry and Financial Markets Association</span> United States industry trade group

The Securities Industry and Financial Markets Association (SIFMA) is a United States industry trade group representing securities firms, banks, and asset management companies. SIFMA was formed on November 1, 2006, from the merger of the Bond Market Association and the Securities Industry Association. It has offices in New York City and Washington, D.C.

<span class="mw-page-title-main">Macquarie Group</span> Australian investment bank and financial services company

Macquarie Group Limited, known more commonly as Macquarie Bank, is a global investment banking and financial services group providing banking, financial advisory and investment, and funds management services, to institutional, corporate, and retail clients and counterparties, around the world, headquartered in Sydney and listed in Australia. Macquarie Bank employs more than 20,000 staff across four operating groups in 34 markets and its Investment Banking division is Australia's top ranked mergers and acquisitions adviser with more than A$871 billion in assets under management and is the world's largest infrastructure asset manager.

<span class="mw-page-title-main">HSBC Bank India</span> Bank in India

The Hongkong and Shanghai Banking Corporation Limited, India or HSBC Bank India, is incorporated in Hong Kong SAR with limited liability. It is a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI). As per the data available with the Ministry of Company Affairs (MCA), the Indian branch is registered under the number F00947 and is incorporated in India since 1 January 1983. The registered office is at Mumbai, India.

<span class="mw-page-title-main">BTG Pactual</span> Brazilian financial services company

BTG Pactual is a Brazilian financial company that operates in the markets of investment banking, wealth management, asset management, corporate lending and sales and trading. It offers advisory services in mergers and acquisitions, wealth planning, loans and financings, as well as investment solutions and market analyses. It is the sixth largest banking institution in Brazil, the eleventh largest in Latin America, and the largest investment bank in Latin America and the Caribbean.

<span class="mw-page-title-main">Stuart Gulliver</span> British banker

Stuart Thomson Gulliver is a British banker, and the former group chief executive of HSBC. He was succeeded on 21 February 2018 by John Flint.

<span class="mw-page-title-main">Samir Assaf</span> Lebanese businessman

Samir Assaf is a Lebanese businessman. He is a senior advisor to HSBC's Group Chairman, Group CEO and the bank's business, and non-executive chairman of the boards of HSBC Bank Middle East Limited and HSBC Middle East Holdings. He is also a senior advisor at General Atlantic and a member of the advisory board for BeyondNetZero, General Atlantic's new climate venture.

<span class="mw-page-title-main">University of Birmingham Financial Forum</span>

The University of Birmingham Financial Forum is a student-run conference for hundreds of students that was founded in 2011 and held at the University of Birmingham, United Kingdom.

António Pedro dos Santos Simões is a financial services executive. He joined Legal & General as group chief executive in January 2024, succeeding Nigel Wilson.

<span class="mw-page-title-main">Ross McEwan</span> New Zealand banker

Ross Maxwell McEwan is a New Zealand banker, and former chief executive officer (CEO) and managing director of National Australia Bank.

<span class="mw-page-title-main">Noel Quinn</span> British banking businessman

Noel Paul Quinn is a British banking businessman who has been the chief executive (CEO) of HSBC since March 2020, having succeeded John Flint. He initially assumed the role on an interim basis in August 2019.

<span class="mw-page-title-main">Clive Bannister</span> British museum director

Clive Bannister is the chair of the Museum of London, chair of Rathbones and chair of Beazley. He was formerly an insurance executive and banker.

References

  1. 1 2 Martin Arnold, HSBC picks insider John Flint as chief executive, Ft.com, 12 October 2017
  2. 1 2 Jon Yeomans , HSBC names John Flint as new chief executive, Telegraph.co.uk, 12 October 2017
  3. 1 2 "John Flint appointed as UK Infrastructure Bank CEO". GOV.UK. Retrieved 22 November 2021.
  4. "John Flint Group Chief Executive" (PDF). HSBC. Retrieved 29 January 2021.
  5. 1 2 3 "John Flint - HSBC Holdings plc". HSBC.com. Retrieved 20 February 2018.
  6. "HSBC makes what looks to be the safe choice with Flint call" . Financial Times. Retrieved 17 April 2018.
  7. Ruth Sullivan,John Flint: HSBC career man pulls up investment business, Ft.com, 8 August 2010
  8. Official biography of John Flint, Hsbc.com
  9. Katy Barnato, HSBC lines up Flint for asset management role, Risk.net, 2 November 2009
  10. Mark Cobley, HSBC reshuffles senior asset-management ranks, Fnlondon.com, 14 October 2011
  11. HSBC names new head of retail banking as Thurston retires, Reuters.com, 3 December 2012
  12. "John Flint: the HSBC lifer who quietly made his way to the top". Financial Times. Retrieved 16 April 2018.
  13. 1 2 Reed, Stanley (5 August 2019). "HSBC's Chief Steps Down, in a Surprise". The New York Times. ISSN   0362-4331 . Retrieved 25 April 2022.
  14. Pickard, Jim; Morris, Stephen (1 September 2021). "Former HSBC boss John Flint to run new UK infrastructure bank". Financial Times. Retrieved 22 November 2021.
  15. "HSBC's New Boss Is an Endurance Athlete Who Steers Clear of Twitter". Bloomberg.com. 12 October 2017. Retrieved 16 April 2018.
Business positions
Preceded by Group Chief Executive of HSBC Group
21 February 2018 – August 2019
Succeeded by