1 August 2014
DIRECTORATE CHANGE
Dr Marvin K T Cheung, an independent non-executive Director of HSBC Holdings plc (''HSBC''), has given notice of his resignation from the Board and the Group Audit Committee for personal reasons with immediate effect.
Dr Cheung was appointed to the HSBC Board on 1 February 2009 and has served as a member of the Group Audit Committee since 1 March 2010.
Commenting on Dr Cheung's resignation, HSBC Group Chairman Douglas Flint said: "Marvin Cheung will be sorely missed. Since joining the Board in 2009, he has brought great technical accounting and audit skills to the Board, as well as a deep understanding of Hong Kong and mainland China issues. On behalf of the Board, I would like to thank him for his contribution and wish him well for the future."
There are no matters relating to the resignation of Dr Cheung that need to be brought to the attention of the shareholders of HSBC.
For and on behalf of
HSBC Holdings plc
Ben J S Mathews
Group Company Secretary
Media enquiries to Brendan McNamara on +44 (0) 20 7991 0655 or at brendan.mcnamara@hsbc.com
Notes to editors:
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The Board of Directors of HSBC Holdings plc as at the date of this announcement is:
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D J Flint, S T Gulliver, K L Casey†, S A Catz†, L M L Cha†, Sir Jonathan Evans†, J Faber†, R A Fairhead†, R Fassbind†, W S H Laidlaw†, J P Lipsky†, J R Lomax†, I J Mackay, M M Moses, Sir Simon Robertson† and J Symonds†.
† Independent Non-Executive Director
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from over 6,300 offices in 75 countries and territories in Asia, Europe, North and Latin America, and the Middle East and North Africa. With assets of US$2,758bn at 31 March 2014, HSBC is one of the world's largest banking and financial services organisations.