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21 January 2010 HSBC
HSBC BANK ARMENIA NAMES NEW CEO
Astrid Clifford will be appointed Chief Executive Officer (CEO) of HSBC Bank Armenia with effect from 1 February 2010. She replaces Tim Slater, who is taking up a new role within the HSBC Group. The appointment is subject to the approval of the Central Bank of Armenia.
Astrid Clifford has been with HSBC Group for 19 years as an International Manager. During this time she has worked in nine countries, Hong Kong, Taiwan, Vietnam, Oman, Dubai, India, USA, Jersey and the UK, holding various executive posts in most areas of banking, including Retail, Commercial, Operations, Audit, HR and Training.
Before coming to Armenia, Astrid Clifford was Regional Head of Insurance for HSBC Bank Middle East Limited, based in Dubai. She holds an undergraduate degree in Psychology and a Masters in Economics from the London School of Economics.
Tim Slater, who has held a variety of posts during his 25 year career with HSBC Group, will take up a new role in Buenos Aires as Chief Risk Officer of HSBC Bank Argentina S.A.
Media enquiries to:
Rouzan Tchetchenyan on +374 10 51 52 48 or at rouzan.tchetchenyan@hsbc.com
Notes to editors:
1. The HSBC Group
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,500 offices in 86 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,422 billion at 30 June 2009, HSBC is one of the world’s largest banking and financial services organisations. HSBC is marketed worldwide as ‘the world’s local bank’.
2. HSBC Bank Armenia cjsc
HSBC Bank Armenia cjsc was the first international bank to open in Armenia in 1996. The bank is a joint venture between the HSBC Group, which has 70 percent ownership, and members of overseas Armenian businesses. The bank offers a wide range of products and services to individual as well as corporate customers, including personal financial services, commercial banking and treasury and capital markets services. Thanks to the HSBC network in 86 countries and territories, the bank is uniquely positioned to provide truly international services for its customers.
HSBC Bank Armenia cjsc is one of the leading banks in the foreign exchange market. It has 9 branches and offices in Yerevan, as well as 48 ATMs located throughout the city. The Bank is continuously introducing innovative technologies and first-on-market solutions to achieve top customer service and increase the efficiency of operations. HSBC has launched telephone banking services and will launch internet banking services by mid 2009, which will take customer service to a new level. Our customers will have a choice of branch, ATM, telephone and internet banking in the near future.
As a socially responsible organization HSBC Bank Armenia continually invests into sustainability projects focusing on education for underprivileged groups and environment.
Last updated on: 21/05/2010 16:00
