LONDON, May 1 (Reuters) - Former top HSBC ( HSBC ) investment
banker Greg Guyett has joined the European Bank for
Reconstruction and Development as its head of client services,
the EBRD said on Friday.
Guyett will join the EBRD on September 1 and lead teams
responsible for banking, advising and policy activities, the
development lender said.
Guyett was head of HSBC's ( HSBC ) Global Banking and Markets
division from 2022 until last October, when a reshuffle by
incoming Group CEO Georges Elhedery shifted Guyett away from
running the lender's investment bank to a newly created role
advising clients.
The former JPMorgan banker also lost his seat on the bank's
executive committee, its top decision-making body, in Elhedery's
reorganisation of the British bank's management.
He will join the EBRD's executive committee, it said.
Investments made by the EBRD rose by 26% in 2024 to a record
16.6 billion euros ($18.79 billion) thanks to more projects in
Ukraine and green financing, the lender said in January.
($1 = 0.8836 euros)