HSBC has appointed Christine Lowthian as chief compliance officer US, effective as of July 20. The announcement was made in an internal email to all HSBC compliance employees and seen by Compliance Week.
Lowthian has been the interim CCO for the United States since April 2020. Prior to that, she was the head of regulatory compliance, USA for HSBC Bank, with responsibility for leading the regulatory compliance teams that support all of the U.S. businesses.
Lowthian joined HSBC in 1994 as a global compliance officer for HSBC futures. She has held a broad range of roles, including the global head of regulatory compliance for commercial banking.
“Christine’s wealth of experience in liaising with various regulatory agencies across the globe will be an invaluable asset for us in the U.S. market as we seek to execute the growth strategy within a sustainable and effective risk management framework and enhanced regulatory environment,” stated the joint letter from Group Chief Compliance Officer Colin Bell and HSBC USA CEO Michael Roberts.
In her new role, Lowthian will be based in New York and will continue to report directly to both Bell and Roberts.