MEXICO CITY  The former minister of Secretaría de Hacienda and former candidate for the Presidency of Mexico for the PRI, José Antonio Meade Kuribreña, was appointed independent non-executive director of the Board of Directors of HSBC Holding plc, starting on March 1 and for a period of three years.

The British financial institution reported that Meade Kuribreña, 49, will also be appointed to the Nominating and Corporate Governance Committee.

The former Mexican foreign minister is currently commissioner of Comisión Global de Adaptación and carries out consulting activities, project financing and academic activities.

In a statement, HSBC said that Meade Kuribreña has extensive experience in public administration, banking and financial policy. "He brings with him a wealth of experience gained in several key policy areas and his experience and knowledge of Latin America will be of great importance to HSBC, given the importance we attach to the region. It is worth noting especially the importance that Mexico has for HSBC as one of our markets of scale, “added the financial institution.

Source: El Economista

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