Samir Assaf

HSBC

Chairman, Corporate and Institutional Banking

In March 2020, Samir Assaf took on a new role as Chairman (non-executive) of Corporate and Institutional Banking and stepped down as Chief Executive of Global Banking and Markets (GBM) - a position he had held since 2011. In his new capacity, Samir is responsible for strengthening HSBC’s ties with its most important clients and partners. He also supports the bank with the development of its sustainability strategy and new partnership models. Samir began his career in finance at Total in 1987. He then joined Crédit Commercial de France (CCF) in 1994 and joined HSBC in 2000 through the Group’s acquisition of CCF. Samir became Head of Global Markets at HSBC in January 2008 and then Chief Executive of GBM in 2011. He was instrumental in helping steer GBM through the global financial crisis and played a pivotal role in building the GBM business of today. In addition, Samir remains the Non-Executive Chairman of the Board of HSBC France - a role he has held since 2011. Samir is also a Member of the Saudi British Bank Board in 2016. Samir also remains a Group Managing Director. In May 2014, Samir was appointed Chairman of the Global Financial Markets Association, a position he held for two-and-a-half years. He was also a founding member of the Association for Financial Markets in Europe. He holds an MBA in Economics and International Finance from La Sorbonne University in Paris and a BSc degree in Finance from L’Institut d ’Etudes Politiques in Paris.

Sessions With Samir Assaf

Friday, 22 October

  • 04:00pm - 04:30pm (IST) / 22/oct/2021 10:30 am - 22/oct/2021 11:00 am

    Executive Conference

    Financing the Energy Transition

    Live Stream

    Trillions of dollars in investments by large asset manager firms are now aligned with the “net-zero” approach. Increasingly, asset managers are turning to dedicated net-zero supportive financial products while also voting against boards that show insufficient evidence of their business line commitment to net-zero approaches. A group of 128 signatories representing $48 trillion in assets have signed onto the Net Zero Asset Managers Initiative since its launch in December 2020, and the group is a central player in the discussions among investors ahead of the United Nations November 2021 COP26 meeting. What is the thrust of the new sustainable finance criteria to finance the energy transition? What frameworks are needed for emerging economies like India to access sustainable financing and funds that lower the cost of capital for clean energy projects? How will the financial strategies of energy companies to fund projects and operations evolve under the new frameworks of sustainable finance and climate reporting? How important will carbon offsets be in the new business models emerging out of the energy transition?