HSBC - Retail Services Appoints Elisabeth McCombe Managing Director of New Market Development

Thursday 9 December 2004 16:40 CET | News

Elisabeth (Molly) McCombe has been appointed managing director of HSBC - North America, new market development for its retail services business. In this newly created position, McCombe will be responsible for developing and expanding new consumer credit markets for the companys retail services business.

She will report directly to Sandy Derickson, group executive, HSBC North America Holdings Inc. Before joining HSBC, McCombe was an associate principal at the Chicago office of McKinsey & Company, where she focused on strategy, growth and performance improvement for financial services industry clients. Prior to that, she was vice president of commercial lending at Fleet Financial Corporation in Boston. McCombe received a bachelors degree in business administration from Boston University. She received her masters from Northwestern Universitys Kellogg Graduate School of Management. About HSBC Retail Services HSBC Retail Services is a leading issuer of private label (merchant branded) credit cards in the United States. This business provides flexible, customized credit card solutions for the worlds premier retailers and manufacturers and has more than 60 active merchant relationships, including Best Buy, Levitz Furniture and Saks Fifth Avenue.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce