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John Flint (businessman)

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John Flint
Born
John Michael Flint

1968 (age 55–56)
Yorkshire, England
EducationGiggleswick School
Alma materPortsmouth University
OccupationBanker
Years active1989 – present
Known forFormer CEO of HSBC
TitleCEO, National Wealth Fund
TermFebruary 2018 – August 2019
PredecessorStuart Gulliver
SuccessorNoel Quinn
Children2

John Michael Flint (born 1968) is a British banking businessman, who was chief executive (CEO) of HSBC Group from February 2018, having succeeded Stuart Gulliver. After serving for about 18 months, Flint announced on 5 August 2019 that he would be stepping down from the position, after a mutual agreement with the board.[1][2] He is the chief executive of the National Wealth Fund.[3]

Early life

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Flint was born in Yorkshire in 1968.[4] He was educated at Dhahran Academy and Giggleswick School.[5] Flint grew up in Yorkshire in the early 1970s before moving to Saudi Arabia at the age of 7 where he attended elementary school when his father was a university professor. He returned to Yorkshire to go to boarding school.[6] He earned a bachelor's degree in economics from the Portsmouth Polytechnic.[5]

Career

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He joined HSBC in 1989 as international officer, and spent 14 years developing markets in Asia. In 2004, he integrated all of HSBC's investment activities under HSBC Global Asset Management umbrella.[7] In 2006, Flint was promoted Group Treasurer, and Deputy Head of Global Markets and Head of Global Markets MENA in 2008.[8] In 2010, Flint became the CEO of HSBC Global Asset Management.[9] In 2012, he was named chief of staff to the group's CEO, in charge of strategy and planning.[10] In January 2013, Flint became a managing director of HSBC and CEO of retail banking and wealth management (RBWM).[11]

In October 2017, Flint was named CEO-designate of HSBC, and took over from Stuart Gulliver on 21 February 2018.[1][2][12]

On 5 August 2019, he immediately ceased his day-to-day operations at the bank after mutual agreement with the board. His interim successor was named as Noel Quinn.[13] No official reasons for this move were presented.[13]

In September 2021, Flint was announced as the first permanent chief executive of the UK Infrastructure Bank, where he leads the organisation to support regional growth.[3][14] In October 2024, Flint led the UK Infrastructure Bank as it transitioned into the National Wealth Fund.[15]

Personal life

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Flint is married with two children.[5]

Flint competes in triathlon and Ironman competitions.[16]

References

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  1. ^ a b Martin Arnold, HSBC picks insider John Flint as chief executive, Ft.com, 12 October 2017
  2. ^ a b Jon Yeomans , HSBC names John Flint as new chief executive, Telegraph.co.uk, 12 October 2017
  3. ^ a b "John Flint appointed as UK Infrastructure Bank CEO". GOV.UK. Retrieved 22 November 2021.
  4. ^ "John Flint Group Chief Executive" (PDF). HSBC. Retrieved 29 January 2021.
  5. ^ a b c "John Flint - HSBC Holdings plc". HSBC.com. Retrieved 20 February 2018.
  6. ^ "HSBC makes what looks to be the safe choice with Flint call". Financial Times. Retrieved 17 April 2018.
  7. ^ Ruth Sullivan,John Flint: HSBC career man pulls up investment business, Ft.com, 8 August 2010
  8. ^ Official biography of John Flint, Hsbc.com
  9. ^ Katy Barnato, HSBC lines up Flint for asset management role, Risk.net, 2 November 2009
  10. ^ Mark Cobley, HSBC reshuffles senior asset-management ranks, Fnlondon.com, 14 October 2011
  11. ^ HSBC names new head of retail banking as Thurston retires, Reuters.com, 3 December 2012
  12. ^ "John Flint: the HSBC lifer who quietly made his way to the top". Financial Times. Retrieved 16 April 2018.
  13. ^ a b Reed, Stanley (5 August 2019). "HSBC's Chief Steps Down, in a Surprise". The New York Times. ISSN 0362-4331. Retrieved 25 April 2022.
  14. ^ Pickard, Jim; Morris, Stephen (1 September 2021). "Former HSBC boss John Flint to run new UK infrastructure bank". Financial Times. Retrieved 22 November 2021.
  15. ^ "UK Infrastructure Bank becomes the National Wealth Fund". National Wealth Fund. Retrieved 27 October 2024.
  16. ^ "HSBC's New Boss Is an Endurance Athlete Who Steers Clear of Twitter". Bloomberg.com. 12 October 2017. Retrieved 16 April 2018.
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Business positions
Preceded by Group Chief Executive of HSBC Group
21 February 2018 – August 2019 		Succeeded by
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