6th November 2013

HSBC Hires Bank of America Veteran to Lead Corporate Client Coverage

- Joel Van Dusen joins HSBC Commercial Banking after 25 years at Bank of America Merrill Lynch

- Appointment signals strategic investment in large client coverage

November 6, 2013 – HSBC announces today that Joel Van Dusen has become its first Global Head of Large Corporates, tasked with shaping HSBC Commercial Banking’s strategic approach to its biggest domestic and multinational clients. In his newly-created role, Van Dusen is responsible for meeting large corporates’ complex needs, from credit to capital markets funding, advisory services, payments, cash management and trade finance.

Van Dusen reports to Simon Cooper, who started his new role as Group Managing Director and Chief Executive Officer of Global Commercial Banking on October 1.

“Commercial banking is where HSBC began, and it remains at the heart of our identity as the world’s leading trade and business bank,” Cooper said. “Joel adds a wealth of experience to HSBC Commercial Banking’s leadership team, which will be invaluable as we invest in our relationship-driven service model for large corporate customers.”

Van Dusen comes to HSBC from Bank of America Merrill Lynch, where he held a number of offices over the past 25 years. Most recently he served as Global Head of Corporate Banking, leading a team of bankers in over 30 countries. He remains based in London.

“I am delighted to join a truly global bank to serve truly global customers,” said Van Dusen. “I’m joining a very exciting business that is helping corporate clients to access global growth and opportunity.”

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