Stuart Gulliver, the former chief executive of UK lender HSBC, has signed up to the fintech arm of specialist currency fund manager Millennium Global Investments.
The former executive, who stepped down from a near 40-year career at HSBC in 2018, has joined MillTechFX as a board member, the company said in a statement.
Gulliver led HSBC for seven years until his departure in early 2018, when the top job was taken over by another HSBC lifer, John Flint. However, Flint departed after just 18 months at the helm and was eventually replaced by Noel Quinn, who later unveiled a huge restructuring of the business that will see around 35,000 jobs lost.
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Gulliver joins MillTechFX to “help it continue its rapid growth and execute its global expansion plans”, the firm said in the statement. He has taken on a number of board roles since retiring from the bank including at oil giant Saudi Aramco, Saudi British Bank and Airport Authority Hong Kong. He is also chair of cancer charity Maggie’s Centres.
Gulliver led a period of expansion at HSBC’s investment banking unit alongside John Studzinski for three years until 2006. Studzinski departed the UK lender then, and Gulliver was handed sole charge of HSBC’s global banking and markets division. He was appointed chief executive on 1 January 2011 following the departure of Stephen Green.
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