HSBC Innovation Banking UK names Emily Turner as new CEO
HSBC Innovation Banking UK has completed its search for a new CEO with the appointment of former Citi executive Emily Turner, effective February 2025.
HSBC Innovation Banking UK has completed its search for a new CEO with the appointment of former Citi executive Emily Turner, effective February 2025.
Turner succeeds Erin Platts, who will step down in December to become CEO of Octopus Ventures, a role announced in July. Platts will remain with HSBC as a special advisor following her departure.
Before heading HSBC Innovation Banking UK, Platts served as CEO of Silicon Valley Bank UK for 19 years, until its acquisition by HSBC for £1 in March 2023.
Following the acquisition, HSBC Innovation Banking UK was established to support technology and life sciences businesses with asset management, investment banking, and private banking services.
Earlier this year, the unit extended a €40 million debt financing facility to Danish B2B spend management fintech Pleo, aimed at enabling the firm to raise credit limits.
Turner spent 13 years at Citi, where she led business development and headed Citi’s Global Institutional Strategic Investing group. She also served as VP of Citi Markets during her tenure.