Finance
HSBC appoints Steve Hughes as CEO and head for Australia and New Zealand banking
Published by Global Banking and Finance Review
Posted on November 20, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 20, 2025
1 min readLast updated: January 20, 2026
HSBC has named Steve Hughes as CEO for Australia and New Zealand, effective January 2026, succeeding Antony Shaw.
(Reuters) -HSBC has appointed Steve Hughes as CEO and head of Banking for Australia and New Zealand, effective January 1, 2026, a company spokesperson said on Thursday.
Hughes, who joined HSBC in 2015, has led the wholesale banking division for Australia and New Zealand since January 2023. He previously spent over 20 years at The Royal Bank of Scotland, specializing in international banking operations.
Antony Shaw will step down as CEO of HSBC Australia and New Zealand by the end of the year, concluding over 19 years with the bank.
Appointed to his current role in September 2022, Shaw brings more than 30 years of experience in the banking sector, having worked with both local and international institutions.
(Reporting by Sherin Sunny in Bengaluru; Editing by Sherry Jacob-Phillips)
A financial community encompasses a network of individuals and organizations involved in the finance sector, including banks, investment firms, regulatory bodies, and financial professionals, working together to facilitate financial transactions and services.
Banking management involves the administration and oversight of banking operations, including risk management, compliance, customer service, and financial performance, ensuring that the bank operates efficiently and adheres to regulations.
An appointment in a corporate context refers to the formal designation of an individual to a specific position or role within an organization, often involving responsibilities and authority to make decisions related to that position.
Explore more articles in the Finance category
