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BOARD OF GOVERNORS

Mr David Fried


David Fried was appointed Group General Manager and Group Head of Insurance for HSBC Holdings plc effective 1April 2010. He has been Group General Manager since May 2008 and Regional Head of Insurance Asia-Pacific for The Hongkong and Shanghai Banking Corporation Limited since October 2006. He has overall responsibility for the insurance and retirement businesses for the HSBC Group.

Mr Fried holds the office of Chairman and Chief Executive Officer, HSBC Insurance (Asia-Pacific) Holdings Limited. He is also the Chairman of HSBC Insurance (Asia) Limited and HSBC Life (International) Limited in Hong Kong and HSBC Life Insurance Company Limited in mainland China.

Within the HSBC Group of companies, he is a director of HSBC Insurance Holdings Limited, HSBC Global Asset Management (Hong Kong) Limited, Hang Seng Insurance Company Limited and Hang Seng Life Limited. Mr Fried is also the lead HSBC Insurance representative director in several joint venture partnerships and strategic investments such as Ping An Insurance (Group) Company of China, Ltd in China, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited in India and Bao Viet Holdings in Vietnam.

Mr. Fried serves as a senior member of the management of The Hongkong and Shanghai Banking Corporation Ltd where he is a member of the Bank's Executive Committee and Risk Management Committee. He is also a member of the Audit Committee and Related Party Transactions Committee of HSBC Bank China Ltd.

Mr Fried joined HSBC’s insurance broking business in the UK where he worked for many years. Prior to Hong Kong, he was Executive Director of HSBC Insurance Holdings Limited and Head of Business Development at Group Insurance Head Office, United Kingdom. During the past 27 years, he has served in various managerial capacities in Asia, UK and the Americas, including agency, life and non-life, underwriting and reinsurance, broking, pensions and captive management.

Mr Fried is married with two children. His interests include art and travelling. He also has a passion for classical music and is a member of the Board of Governors of the Hong Kong Philharmonic Society.

 

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