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 HSBC BANK OMAN APPOINTS A NEW CHAIRMAN

Muscat, January 2017 – The Board of Directors of HSBC Bank Oman S.A.O.G. announces the appointment of Sir Sherard Cowper-Coles as a Director and Chairman of the Bank following the Board Meeting held on 29th January 2017. This change was prompted by the resignation of outgoing Chairman, David Eldon, who is taking on additional responsibilities elsewhere in the HSBC Group.

 

Sir Sherard brings nearly 40 years of experience of working in the region, including as UK Ambassador to Saudi Arabia from 2003 to 2007, together with recent experience within the HSBC Group Head Office. In October 2013 he was appointed as the Senior Advisor to the HSBC Group Chairman and Group Chief Executive. In addition to his new role as Chairman of HSBC Bank Oman, Sir Sherard is the Group Head of Government Affairs, a Director of HSBC Bank Egypt S.A.E, as well as being Chairman of the UK arm of the Omani British Friendship Association.