HSBC Australia names new CEO

Kaber Mclean has been appointed the new CEO of HSBC Bank Australia, effective 1 March. He will also join the company's board as an executive director.

Mclean will look after the organisation's expansion of market share and revenue across retail banking, wealth management, commercial banking, and global banking avenues.

Mclean has held several senior leadership roles since joining HSBC in 1996, including as president and CEO of HSBC Japan between 2012-2016. More recently, Mclean has been head of wholesale credit and market risk for Asia-Pacific and head of the remediation office.

HSBC deputy chair and CEO, Peter Wong, said, "I am delighted that Kaber will be leading our Australian business, which is a priority international market for HSBC. We have strong growth ambitions in Australia, and Kaber brings the right breadth of experience, strong leadership capabilities and deep knowledge of our international network."

Mclean replaces Noel McNamara, who has been the interim CEO since mid-2019.