HSBC names Google’s former Engineering Director as its new CIO of retail
HSBC has announced that it has appointed Mike Warriner, Google’s former Engineering Director as its new Chief Information Officer (CIO) for retail banking and digital wealth management.
Warriner spent five years in his role at Google, leading the US tech giant’s Google Engineering Site and AdSense Engineering program.
“HSBC is an amazing brand, has great products and a highly capable global technology team,” Warriner said. “But even the strongest can’t sit still and the market is moving rapidly with new entrants taking advantage of mobile, artificial intelligence, chat bots and agile development.”
“I am confident that together we can build the best products in the market – relevant, innovative, and exciting and a great experience for our customers.”
Warriner’s appointment is part of HSBC’s recent emphasis on expanding its digital operations, having assigned $2.1bn to its digital initiative.
"As we continue to adapt to evolving customer needs, we need the right people to bring new thinking to HSBC, ensuring we are able to offer the best possible banking experience,” said Ganesh Balasubramanian, HSBC’s Global Retail Banking and Wealth Management CIO.
"Mike brings a unique mix of deep technical knowledge, past experience of the banking world and Google scale, plus expertise in building and leading global technology teams."
One outcome of this initiative is the HSBC Beta, an app that will allow the bank’s customers to view their accounts all in one place, whilst also allowing them to find the best deals.