HSBC today announces the appointment of Nuno Matos as Chief Executive of Wealth and Personal Banking (WPB), subject to regulatory approval. He will report to Noel Quinn, Group CEO, and join the Group Executive Committee.

At present, Mr Matos is the Chief Executive of HSBC Bank plc, the UK non-ring-fenced bank, and Chief Executive of HSBC Europe.

Nuno Matos

Prior to his current role, Mr Matos was the CEO of HSBC Mexico. He joined HSBC in 2015 as Regional Head of Retail Banking and Wealth Management in Latin America and Global Head of Retail Business Banking.

Before joining HSBC, Nuno Matos worked at the Central Bank of Portugal and Banco Santander and has 30 years’ experience in the financial services sector across retail, commercial, corporate and global banking and markets. On leaving Santander he was the bank’s Global Head of Consumer, and before that was Head of Retail and Business Banking for Santander in the USA.

He started his career in his native Portugal and has worked in eight countries. He is currently based in the UK.

The previous Chief Executive of WPB, Charlie Nunn, has been appointed Chief Executive of Lloyds Banking Group plc.

Whilst Nuno Matos’s appointment is confirmed, Kevin Martin, Chief Operating Officer of WPB, will step up as Interim CEO of WPB, effective immediately.