HSBC Names Mark Evans to Lead Cross-Border Payments

HSBC has appointed Mark Evans to the role of global head of Cross Border and Cross Currency Payments, Global Liquidity and Cash Management (GLCM), responsible for managing the European bank’s global clearing business, global disbursement solutions and FX-based services.

Evans has been with HSBC for 25 years in numerous positions in the U.K. and Latin America. In his most recent position as MD Payments Advisory, he was tasked with leading the bank’s cross-border FX payment services, including international payments, embedded FX and HSBC’s multi-currency payment proposition, according to a statement emailed to PYMNTS on Friday (July 15).

See also: PYMNTS Intelligence: How Demand for Digital and Contactless Payments Is Growing Across Latin America

Evans also was in charge of launching a program in Latin America to implement commercial and corporate digital cash management services, and he was a founding member of the team responsible for creating HSBCnet and HSBC Connect.

In his new position, he is tasked with helping define and drive global innovation in cross-border and cross-currency offerings and meeting the expanding international payment needs of digital companies.

Read more: Mastercard Teams with HSBC for New B2B Cash Flow, Payments Solution

Evans will also oversee the development of specific commercialization activities and facilitate the development of tools to support sales and client service teams in educating and marketing HSBC’s global payment product capabilities, according to the release.

He will be based in London and report to Manish Kohli, global head of GLCM. Evans will also join the GLCM Executive Committee as part of his new role.

Related: HSBC Becomes Latest Brand to Enter the Metaverse

Founded in 1865 and headquartered in London, HSBC is the largest bank in Europe. Its global businesses serve an estimated 40 million customers ranging from individual savers and investors to some of the world’s biggest companies and governments, according to its website.

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