Lisa McGeough, who became HSBC U.S.’s CEO on Jan. 1, has left the lender to be head of the Americas region at Deutsche Bank and CEO of the German bank’s U.S. intermediate holding company, DBUSA.
She will assume the role at Deutsche Bank early next year pending regulatory approval and report to Fabrizio Campelli, the head of the lender’s corporate and investment bank.
McGeough will join Deutsche’s group management committee.
“The Americas region is an important growth driver for Deutsche Bank, and Lisa’s extensive commercial experience in both the United States and Europe will allow us to more closely integrate regional management with the regional business divisions,” Campelli said in a prepared statement. “We’re looking forward to Lisa joining Deutsche Bank; her deep client and stakeholder network on both sides of the Atlantic will play right into our global Hausbank strategy.”
HSBC tapped Jason Henderson, the British bank’s deputy head of U.S. banking, to fill the space McGeough left on an interim basis, according to a regulatory filing.
Henderson’s HSBC career began nearly 20 years ago when he became head of foreign exchange and precious metals derivatives in the Americas, according to his LinkedIn profile. He spent the previous 13 years at Royal Bank of Canada Capital Markets.
The filing notes that McGeough left the British bank “to pursue opportunities outside HSBC” and that she “leaves with our best wishes.”
“The United States remains a critical market within HSBC’s international network and central to its growth strategy,” the bank wrote.
At Deutsche Bank, Paul Maley, who has served as interim head of the Americas region and DBUSA CEO since May, will continue in this capacity until McGeough takes over early next year.
“It’s a true honor to take on responsibility for one of Deutsche Bank’s most important markets at such a pivotal time,” said McGeough in a prepared statement.
“The Americas business has incredible momentum, and I look forward to working with colleagues across the region to turn that momentum into sustainable, long-term growth for our clients, our people and the franchise,” said McGeough, whose career spans over 40 years, including executive roles at HSBC and Wells Fargo, according to her LinkedIn profile.
