Emily Turner Appointed as CEO of HSBC Innovation Banking UK
Portfolio - People | Nov 21, 2024 | Business Cloud
Emily Turner has been appointed as the CEO of HSBC Innovation Banking UK, the technology-centric division formed after HSBC acquired the British operations of Silicon Valley Bank. With her extensive background in the innovation ecosystem, accumulated over 13 years at Citi, Turner is poised to drive growth and support founders, investors, and the broader UK innovation landscape. Stuart Tait, head of Commercial Banking at HSBC UK, underscores the strategic importance of this unit, highlighting HSBC's significant influence in supporting innovative companies both domestically and in the Nordics. Turner will officially start her role in February, with Simon Bumfrey returning to his former role within HSBC Innovation Banking UK following her appointment.
Sectors
- Banking and Financial Services
- Technology
Geography
- United Kingdom – The article primarily focuses on HSBC Innovation Banking UK and its operations in the UK innovation economy.
Industry
- Banking and Financial Services – The article discusses HSBC's Innovation Banking which offers commercial banking services and financial resources.
- Technology – HSBC Innovation Banking focuses on tech-centric strategies, assisting technology companies with banking services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Emily Turner | CEO, HSBC Innovation Banking UK | Person | Recently appointed CEO responsible for leading HSBC's technology-focused banking unit in the UK. |
| HSBC Innovation Banking UK | Target Company | Company | A division of HSBC offering banking services to the technology and innovation sectors. |
| HSBC | Parent Company | Company | A global banking corporation that owns HSBC Innovation Banking UK. |
| Silicon Valley Bank | Acquired Business | Company | The failed US lender whose UK operations were acquired by HSBC. |
| Citi | Previous Employer | Company | Emily Turner's previous employer where she served as MD and head of business development. |
| Simon Bumfrey | Interim CEO, HSBC Innovation Banking | Person | Will return to head of Technology and Life Sciences role at HSBC post Turner's appointment. |
| Stuart Tait | Head of Commercial Banking, HSBC UK | Person | Commented on the strategic importance of HSBC Innovation Banking within HSBC's growth strategy. |