HSBC non-exec director Irene Lee buys 3,096 shares
HSBC Holdings plc (LON:HSBA) today reported transactions in its shares.
On February 25, 2021, Irene Lee, a non-executive director of HSBC, acquired 3,096 ordinary shares of US$0.50 each in HSBC Holdings plc, at HKD48.30 per share. The transaction, executed on the Hong Kong Stock Exchange, is valued at HKD 149,536.80.
Irene Lee was appointed to the Board of HSBC on July 1, 2015. She has more than 40 years of experience in the finance industry.
She has held senior positions in investment banking and fund management in the UK, USA and Australia with the Commonwealth Bank of Australia, SealCorp Holdings Limited and Citibank.
Ms Lee is currently a non-executive Director of two of the Group’s subsidiaries,The Hongkong and Shanghai Banking Corporation Limited and Hang Seng Bank Limited. She will succeed the current Chairman of Hang Seng Bank Limited at the conclusion of their 2021 AGM. Irene Lee is Executive Chairman of Hysan Development Company Limited and is also a member of Exchange Fund Advisory Committee of Hong Kong Monetary Authority.
Ms Lee served as a member of the Advisory Council of JP Morgan Australia from 2005-2013 and has previously held non-executive Director roles for companies including QBE Insurance Group Limited, Keybridge Capital Limited, ING Bank (Australia) Limited, Noble Group Limited, CLP Holdings Limited and Cathay Pacific Airways Limited.
She has also served as a member of the Australian Takeovers Panel and on the boards of government organisations including the Art Gallery of New South Wales and the Sydney Symphony Orchestra.
Earlier this week, HSBC reported its financial results for the final quarter and full year of 2020. Despite a drop in profits, the Board of HSBC announced an interim dividend for 2020 of $0.15 per ordinary share, to be paid in cash with no scrip alternative.