HSBC has appointed a new head of retail banking and wealth management effective immediately to help build a bigger retail presence.
Jessica Power will be part of the banks efforts to increase its presence in retail banking by assisting domestic and international customers with their mortgages, bank accounts, credit cards and other financial needs.
Ms Power has over 23 years’ experience in the industry, most recently as state manager metro NSW for Westpac. Prior to that, she worked at Citigroup Australia for 19 years in various roles.
Ms Power replaces Graham Heunis who has taken on a new role as head of Asia-Pacific sales management, retail banking and wealth management.
HSBC Australia’s chief executive officer Martin Tricaud said that under Ms Power’s leadership the bank would see its growth efforts come to fruition.
“Jessica brings to HSBC a very broad and deep knowledge of the Australian financial services sector and will have direct responsibility for continuing our strong growth trajectory in retail banking.
“Over the past two years, we have deepened our commitment to this market, opening eight new branches, re-launching with mortgage brokers and introducing several innovative new products including our award-winning Everyday Global Account. Under Jessica’s leadership, we have ambitions to grow our market share even further.”
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