HSBC Group has announced the appointment of Marilyn Spearing and Douglas Maclean within the firm’s restructured Global Transaction Banking (GTB) unit.
Marilyn Spearing was appointed Global Head of Sales for GTB with effect from 31 May. As part of her new role Marilyn will focus on exploiting revenue growth opportunities across the full range of GTB services across both Corporates and Financial Institutions, including payments, cash management, securities services, trade and supply chain. She will report to Iain Stewart, Global Head of GTB.
Formerly Marilyn was Head of Global Payments and Cash Management having joined the bank in 1995 to create this as a unified business across the HSBC Group. Before that she worked for Barclays Bank for 15 years in New York and, latterly, London.
Douglas Maclean is appointed Chief Operating Officer (COO) of GTB with effect from 26 May. As part of his new role Douglas will focus on and be functionally accountable for all processing operations globally for GTB divisions. He will also be responsible for improving efficiencies within the business on a global scale. In this he will share accountability with regional and legal entity COOs as well as the Global Resourcing Centre heads.
Douglas joins from ABN AMRO, where for over three years he filled a similar role for their transaction banking operations. Before that he was at Citigroup.