HSBC Bank Egypt has appointed Todd Wilcox as its Deputy Chairperson and Chief Executive Officer (CEO), succeeding Jacques-Emmanuel Blanchet.
Wilcox’s appointment was made with effect from 1 July, following the receipt of the required regulatory approvals. Joining from HSBC China, where he has been Deputy CEO since January 2018, Wilcox has extensive international banking experience. Of this, the last 15 years have been with HSBC in a series of leadership roles in Hong Kong, Brunei, Bermuda, and Canada.
“I am delighted to be joining HSBC Bank Egypt as Deputy Chairperson and CEO at such an exciting time in the country’s development,” Wilcox said.
“I look forward to leading the bank through the next phase of its growth, and helping our customers achieve their ambitions for the future,” he added.
Commenting on the appointment, Martin Tricaud, CEO for the Middle East North Africa and Turkey (MENAT) at HSBC Group and Deputy Chairperson of HSBC Bank Middle East Limited, said, “Jacques-Emmanuel has led our Egyptian business through a period of significant change and growth over the past six years. I am confident that in Todd, we have found a successor who will lead HSBC Egypt on its next phase of development.”
Tricaud highlighted his confidence in Wilcox’s ability to further strengthen the bank’s position by leveraging the bank’s global network and deep roots in the MENAT region to connect our Egyptian customers to opportunities around the world. This would also include making nurturing connections between global investors and the significant potential that exists in Egypt.