HSBC shakes up technology governance, plans new NED-led Board committee

"We continue to upgrade many of our IT systems and are transforming how software solutions are developed..."

HSBC shakes up technology governance, plans new NED-led Board committee
HSBC's London boardroom. Credit: OPM.

Banking multinational HSBC is creating a new Board committee in 2024 led by a non-executive director (NED) to oversee its technology strategy.