Early career and HSBC (1980–2010) In 1980, an HSBC executive serving in India urged him to join HSBC's elite international officer programme, as it was called at that time, which paved the way for his banking career. Gulliver worked his way up in treasury and capital markets divisions, rose through the ranks in the bank's
Global banking and markets division, even in the aftermath of the
Asian financial crisis. He is deputy chairman of the supervisory committee of HSBC Trinkaus & Burkhardt AG (since September 2007; member since May 2006); non-executive chairman and a director of HSBC France since January 2009; and chairman of HSBC Private Banking Holdings (Suisse) SA since February 2010 (Director since September 2007). He was made a director of
The Hongkong and Shanghai Banking Corporation Limited in September 2006 and has been an executive director of HSBC Holdings plc since May 2008.
Group CEO of HSBC (2010–2018) On 7 September 2010,
Stephen Green, the then group chairman of HSBC, announced that he would step down, in order to accept the invitation of the
UK Prime Minister to become
Minister of State for Trade and Investment in January 2011. As a result of Stephen Green's decision to step down earlier than planned,
Michael Geoghegan, the then group CEO of HSBC, announced his retirement and Stuart Gulliver, who led
HSBC's investment-banking division since 2006, was appointed as the new
Group CEO of HSBC Holdings plc, effective 1 January 2011. He was also appointed the chairman of
The Hongkong and Shanghai Banking Corporation Limited, a wholly owned subsidiary of
HSBC Holdings plc. In 2011, he was included in the
50 Most Influential ranking of
Bloomberg Markets. In 2014, he received a total of £7.6 million in pay and bonuses. In October 2017, it was announced that he will be succeeded in February 2018 by
John Flint. == Personal life ==