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HSBC Holdings names Jackson Tai as non-executive director

HSBC HoldingsHSBC Holdings announced the appointment of Jackson Tai as an independent non-executive director and a member of the risk committee and the financial system vulnerabilities committee.
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Mr. Tai is an experienced banker and international non-executive director who brings experience in senior operating and governance roles across Asia and in China, as well as investment banking knowledge and capabilities.

Mr. Tai spent the first 25 years of his career as an investment banker at J.P. Morgan & Co., both in the United States and in Asia, latterly as Chairman of the Asia-Pacific region.

Between 1999 and 2007, he held senior positions at DBS Group, the leading regional banking group based in Singapore.

Mr. Tai joined DBS as Chief Financial Officer, moving quickly to become President and Chief Operating Officer and, from 2002, Vice Chairman and Chief Executive.

He led the regional expansion of DBS during his tenure, building and adding businesses in Hong Kong, mainland China, India and Indonesia.

Mr. Tai will continue to serve as a non-executive director of Eli Lilly and Company, MasterCard Incorporated, and Royal Philips, as well as a member of the Canada Pension Plan Investment Board.

His previous non-executive roles include The Bank of China, Singapore Airlines, NYSE Euronext, ING Group, CapitaLand, SingTel and Jones Lang LaSalle.

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