HSBC is pleased to announce the promotion of Steve Hurst to Managing Director, Chief of Staff, China, marking a significant step in his distinguished career with the bank. Based in Shanghai, Hurst will play a critical role in supporting HSBC’s strategic priorities in one of its most important markets globally.
In this new role, Hurst will report directly to the Chief Executive Officer of HSBC China. He will be responsible for driving key business initiatives, supporting regulatory engagement, and ensuring alignment across business and functional teams. His appointment reflects HSBC’s continued focus on strengthening its leadership team in Asia, particularly in China, which remains central to the bank’s long-term growth strategy.
With over 20 years of experience in financial services, Hurst brings a wealth of expertise in leadership, strategy, and operations, where he was instrumental in delivering business transformation and enhancing operational efficiency across key markets.
Hurst’s appointment comes at a pivotal time for HSBC, as the bank continues to accelerate its Asia-led strategy, with China playing a central role in its growth trajectory. HSBC has made significant investments in its onshore operations in recent years, including expanding its wealth management, commercial banking, and digital banking capabilities.
With this promotion, HSBC reaffirms its commitment to developing internal talent and empowering leaders who can help shape the future of banking in fast-evolving markets like China.