Citi's Emily Turner appointed CEO of HSBC Innovation Banking

HSBC UK Bank plc announces the appointment of Emily Turner as CEO of HSBC Innovation Banking UK, with effect from February 2025 subject to regulatory approval.

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Emily joins from Citi and brings extensive experience of driving growth within the innovation ecosystem, both as an investor and as an operator. Over the past decade, Emily established and built-up Citi Ventures UK, led Citi’s Global Institutional Strategic Investing group, and developed multiple early-stage companies as part of Citi’s internal incubator. Most recently, Emily held the position of MD and Head of Business Development, Citi’s Client Organisation.

Simon Bumfrey, Interim CEO of HSBC Innovation Banking, will resume his role as Head of Technology and Life Sciences at HSBC Innovation Banking UK.

Stuart Tait, Head of Commercial Banking, HSBC UK, said: “HSBC Innovation Banking is a key part of our growth strategy and I’m looking forward to working with Emily as she leads this business through its next stage of growth. Across HSBC, we support 80 percent of FTSE100 and FTSE250 tech companies in the UK, and we have a leading market share of the most innovative companies and investment funds both in the UK and across the Nordics.”

Emily Turner said: “I’m excited to be joining HSBC Innovation Banking and to help build on its success to date. HSBC Innovation Banking has quickly established itself as a go-to partner for the innovation ecosystem with a track record of supporting founders, companies and investors at all life stages. I’ve been hugely impressed by the team’s client-centric approach and look forward to working with them to take it to the next level.”

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