Biography of Michael Geoghegan

Michael Geoghegan

Michael Geoghegan CBE (born 4 October 1953) became the HSBC Group's chief executive on 26 March 2006, he joined HSBC in 1973 and has previously lead the group's South American and European operations.

Early life
Mr Geoghegan was born in Windsor, UK, and was educated in the United Kingdom and Ireland.


Career
He joined the HSBC Group in 1973 as an International Manager and, since then, spent twelve years in North and South America, eight years in Asia, seven years in the Middle East and three years in Europe. Mr Geoghegan arrived in Brazil in March 1997 to establish the Group's operations in the country following the creation of Banco HSBC Bamerindus S.A. He was appointed a Group General Manager of HSBC Holdings plc in the same year.

In January 2000 he became responsible for all of HSBC's business throughout South America and chaired the Group's Regional Executive Committee. In October 2000 he became President of HSBC Investment Bank Brasil which resulted from the Group’s acquisition of CCF and the incorporation of certain activities of HSBC Brasil.

HSBC announced on the 28 November 2005 that he would replace Stephen Green as Chief Executive Officer of HSBC Holdings when Mr Green became Group Chairman. Having been appointed Chief Executive and a Director HSBC Bank plc on 1 January 2004, he gave up the position of UK CEO on 6 March 2006 which was in turn filled by Dyfrig John, Geoghegan becoming Deputy Chairman of HSBC Bank plc in preparation for his move to the Group Chief Executive role on 26 May 2006.

Geoghegan is paid an annual salary of £1,070,000 for his role as chief executive.

Mr Geoghegan was previously President of HSBC Bank Brasil S.A.- Banco Multiplo, and of HSBC Investment Bank Brasil HSBC Seguros S.A. Now, he is Chairman of HSBC Bank USA, HSBC USA Inc. and HSBC Bank Canada.

Personal life
Mr Geoghegan is Chairman of Young Enterprise UK which seeks to give students business experience while still in full-time education. HSBC has supported Young Enterprise for over 20 years as part of its commitment to financial education, and has 1,500 employees who volunteer their time for the organisation in schools across the UK.

In June 2003 he was honoured with a CBE (Commander Of The British Empire) by Her Majesty the Queen in recognition of his contribution to British business interests in Brazil. Mr Geoghegan is married with two sons.

by
Anand kumar Pandey
pgdm sec-a
3rd sem