HSBC Holdings Plc, the UK based multinational financial services provider revealed the appointment of new member to its board of directors. As per update from the firm, it has onboarded Mrs. Eileen Murray to serve as an Independent Non-Executive Director effective from 1st July 2020. Aside from her role as Non-Executive Director, Murray also becomes a member of group audit committee, group risk committee and nomination & corporate governance committee. The incoming board member is a seasoned veteran in financial services industry with more than four decades of experience. Aside from her current role with HSBC, she is serving as board member of Compass and was also selected to become designate Chairman of Financial Industry Regulatory Authority (FINRA) recently.
FINRA is a self regulated organisation which governs US financial securities firms. Aside from Compass, Murray has been a board member at FINRA and Irish Arts Center for four years now. She most recently served as Co-Chief Executive Officer at Bridgewater Associated for nearly 11 years. Some of the other notable firms she served as Board Member Business Council for International Understanding (BCIU), Inwood house, YMCA of Greater New York, Argonne National Laboratory and Depository Trust & Clearing Corporation (DTCC). She has also held senior level roles at Credit Suisse and Morgan Stanley. While her term at Credit Suisse was a brief 4 years, she spent 27 years serving in Morgan Stanley during which she served in roles of Managing Director and Management Committee Member.
The update was made live via the firm’s filing with London Stock Exchange and speaking about Murray’s addition to the team, HSBC Group Chairman Mark Tucker said “I am absolutely delighted to welcome Eileen. Her wealth of experience across banking and finance, together with her extensive knowledge of financial technologies and corporate strategy, will bring an invaluable perspective to the Board”.
