David Eldon
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David Gordon Eldon
CBE The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established o ...
(, born 1945) is former chairman of
The Hongkong and Shanghai Banking Corporation Limited HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tril ...
. He retired in May 2005, after spending 37 years with
HSBC Group HSBC Holdings plc is a British multinational corporation, multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In ...
, but remains actively engaged in banking and business life.


Career

Eldon commenced a career in banking with an Australian banking group in London in 1964, and joined The British Bank of the Middle East (now HSBC Bank Middle East Limited) in 1968. In January that year he took up his first position in
Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...
, remaining in the Middle East undertaking a variety of roles in different countries. He was appointed Manager of
Sharjah Sharjah (; ar, ٱلشَّارقَة ', Gulf Arabic: ''aš-Šārja'') is the third-most populous city in the United Arab Emirates, after Dubai and Abu Dhabi, forming part of the Dubai-Sharjah-Ajman metropolitan area. Sharjah is the capital o ...
branch in 1973 and Manager of
Ras Al Khaimah Ras Al Khaimah (RAK) ( ar, رَأْس ٱلْخَيْمَة, historically Julfar) is the largest city and capital of the Emirate of Ras Al Khaimah, United Arab Emirates. It is the sixth-largest city in UAE after Dubai, Abu Dhabi, Sharjah, Al Ain ...
branch in 1977. He took up his first position in Hong Kong in 1979 as Manager Special Projects in the head office o
The Hongkong and Shanghai Banking Corporation
He later became a District Manager, with responsibility for the Bank's branches in
Mongkok Mong Kok (also spelled Mongkok, often abbreviated as MK) is an area in Kowloon, Hong Kong. The Prince Edward subarea occupies the northern part of Mong Kok. Mong Kok is one of the major shopping areas in Hong Kong. The area is characterised ...
. Eldon was appointed Deputy managing director of The Saudi British Bank ( SABB) in 1984 and returned to Hong Kong in 1987, when he took up the position of Senior Manager (International Corporate Accounts). At the end of 1988, he was appointed chief executive officer in Malaysia, and was promoted to general manager in 1990. He returned to Hong Kong again in 1992 and later became general manager in The Hongkong and Shanghai Banking Corporation's International department. He became an Executive Director of The Hongkong and Shanghai Banking Corporation in 1994 and chief executive officer of the Bank in January 1996. In January 1999, he was appointed Chairman of The Hongkong and Shanghai Banking Corporation and the Executive Director of HSBC Holdings. Eldon retired in 2005, but made a return to banking in 2011 as non-executive chairman of HSBC Bank Middle East Limited. He stepped down from the role on April 30, 2021 and was appointed non-executive Deputy Chairman of The Hongkong and Shanghai Banking Corporation in June 2021. Eldon was the non-executive chairman o
HSBC Bank Egypt
an
HSBC Bank Turkey A.S.
roles to which he was appointed in 2017, and retired from both during 2021. He was non-executive chairman o
HSBC Bank Oman
between 2013 and 2017 and he has been Adviser to the CEO of HSBC's Global Commercial Bank since 2016. Other positions held by Eldon during his career include non-executive chairman of Hang Seng Bank Limited, a director of
HSBC Bank Australia Limited HSBC Bank Australia Limited (formerly the HongkongBank of Australia Limited) is the Australian subsidiary of HSBC. The bank offers a wide range of financial services in Australia through a network of 36 branches and offices. These services inc ...
(formerly Hongkong Bank of Australia Limited), a director of the
MTR Corporation MTR Corporation Limited is a majority government-owned public transport operator and property developer in Hong Kong which operates the Mass Transit Railway, the most popular public transport network in Hong Kong. It is listed on the Hong ...
, a director of
Swire Swire Group () is a Hong Kong- and London-based British conglomerate. Many of its core businesses can be found within the Asia Pacific region, where traditionally Swire's operations have centred on Hong Kong and mainland China. Within Asia ...
Pacific Limited, deputy chairman of
The Hong Kong Jockey Club The Hong Kong Jockey Club (HKJC) is one of the oldest institutions in Hong Kong, having been founded in 1884. In 1959, it was granted a Royal Charter and renamed The Royal Hong Kong Jockey Club (). The institution reverted to its original name ...
, chairman of the
Hong Kong General Chamber of Commerce The Hong Kong General Chamber of Commerce (HKGCC; ) was founded on 29 May 1861, and is the oldest and one of the largest business organizations in Hong Kong. It has around 4,000 corporate members, who combined employ around one-third of Hong Kon ...
and chairman of the Dubai International Financial Centre Authority. He was a member of the Presidential Committee for National
Competitiveness In economics, competition is a scenario where different economic firmsThis article follows the general economic convention of referring to all actors as firms; examples in include individuals and brands or divisions within the same (legal) firm ...
of
President of South Korea The president of the Republic of Korea (), also known as the president of South Korea (often abbreviated to POTROK or POSK; ), is the head of state and head of government of the Republic of Korea. The president leads the State Council, and is ...
Lee Myung-bak Lee Myung-bak (; ; ; born 19 December 1941) is a South Korean businessman and politician who served as the 10th president of South Korea from 2008 to 2013. Before his presidency, he was the CEO of Hyundai Engineering and Construction, and the ma ...
and a senior adviser to PricewaterhouseCoopers in Hong Kong and China from September 2005 until 2014. Eldon is non-executive chairman of Octopus Cards Limited in Hong Kong and sits on a number of other boards, advisory boards and Hong Kong Government entities.


Blog

Eldon maintains a blog, where he gives (sometimes controversial) opinions on political topics. In 2014, Eldon attracted attention after posting comments about Hong Kong’s Chief Executive
Leung Chun-ying Leung Chun-ying (; born 12 August 1954), also known as CY Leung, is a Hong Kong politician and chartered surveyor, who has served as vice-chairman of the National Committee of the Chinese People's Political Consultative Conference since Mar ...
, and saying that pro-democracy protesters should "move on from the current impasse" during the
2014 Hong Kong protests A series of sit-in street protests, often called the Umbrella Revolution and sometimes used interchangeably with Umbrella Movement, or Occupy Movement, occurred in Hong Kong from 26 September to 15 December 2014. The protests began after ...
. This had led to HSBC feeling the need to comment that the views expressed were his own, and not a company view on the matters.


Personal life

Born in
Inverness Inverness (; from the gd, Inbhir Nis , meaning "Mouth of the River Ness"; sco, Innerness) is a city in the Scottish Highlands. It is the administrative centre for The Highland Council and is regarded as the capital of the Highlands. Histori ...
,
Scotland Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the ...
, Eldon was educated at the
Duke of York's Royal Military School The Duke of York's Royal Military School, more commonly called the Duke of York's, is a co-educational academy (for students aged 11 to 18) with military traditions in Guston, Kent. Since becoming an academy in 2010, the school is now sponsor ...
. Eldon married in 1975 and has three children. Two of his children are living and working in Hong Kong, while the other lives and works in Canberra, Australia. Eldon continues to live in Hong Kong, where he has spent more than half his working life, and he intends to remain in Hong Kong.


Honours

*Fellow of the
Chartered Institute of Bankers The London Institute of Banking & Finance is the oldest training and professional body for banking and financial services in England and Wales, and works internationally with partners to establish ethical and professional standards across the ...
*Fellow of the Hong Kong Institute of Bankers *
Justice of the Peace A justice of the peace (JP) is a judicial officer of a lower or ''puisne'' court, elected or appointed by means of a commission ( letters patent) to keep the peace. In past centuries the term commissioner of the peace was often used with the sa ...
(2000) *Honorary Doctor of Business Administration of the
City University of Hong Kong City University of Hong Kong (CityU) is a world-class public research university located in Kowloon Tong, Hong Kong. It was founded in 1984 as City Polytechnic of Hong Kong and became a fully accredited university in 1994. Currently, CityU is ...
(November 2003) *
DHL DHL is an American founded, German logistics company providing courier, package delivery and express mail service, which is a division of the German logistics firm Deutsche Post. The company group delivers over 1.8 billion parcels per year. DHL ...
/
SCMP The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained ...
Hong Kong Business Person of the Year for 2003 *
Gold Bauhinia Star The Gold Bauhinia Star (, GBS) is the highest Bauhinia Star rank in the honours system of Hong Kong, created in 1997 to replace the British honours system of the Order of the British Empire after the transfer of sovereignty to People's Republic of ...
(GBS) (2004) *Commander of the Order of the British Empire (
CBE The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established o ...
) (2005) *Asian Banker Lifetime Achievement Award (2005) *Honorary Citizenship of
Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 ...
*Honorary Doctor of the Hong Kong Academy for Performing Arts (2011) Source:


References


External links


Eldon-Online Blog
{{DEFAULTSORT:Eldon, David 1945 births Living people Hong Kong people of British descent Hong Kong bankers Hong Kong chief executives HSBC people MTR Corporation Swire Group Commanders of the Order of the British Empire Hong Kong financial businesspeople