John Flint (banker)

John Flint
CBE
Born
John Michael Flint

1968 (age 56–57)
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

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

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

Flint is married with two children.[5]

Flint competes in triathlon and Ironman competitions.[16]

References

  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.[permanent dead link‍]
  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.
Business positions
Preceded by Group Chief Executive of HSBC Group
21 February 2018 – August 2019 		Succeeded by