HSBC Bank USA has named a new president and CEO out of its Malaysian affiliate, to take the helm of the Delaware-based bank in January. Irene M. Dorner, currently the deputy chairwoman and CEO of HSBC Bank Malaysia Bhd, will take over the U.S. bank’s top job from Paul J. Lawrence, who is returning to London as Group head of audit for parent HSBC Holdings Plc.
Dorner will relocate from Kuala Lumpur, Malaysia, to New York, where HSBC Bank USA’s top executives are based even though the legal headquarters is in Delaware.
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