A top executive at international banking giant HSBC has stepped down from his leadership role, marking another departure in the company’s ongoing organizational changes.
Gerry Keefe, who supervised commercial and investment banking activities for HSBC across Europe and the Americas, submitted his resignation this week. The bank confirmed his exit through an internal company message on Tuesday.
Taking over Keefe’s responsibilities temporarily will be Jo Miyake, who currently leads banking operations for Asia and the Middle East, according to an HSBC representative.
Keefe had been in his position for approximately one year, managing the bank’s commercial and investment banking divisions across both continental regions.
The resignation comes as HSBC continues implementing significant organizational changes that started in 2024, with the company shifting its focus toward Asian markets. As part of this strategic pivot, the bank closed down its merger and acquisition operations, along with certain equity trading divisions in both Europe and the Americas during early 2025.
Before his recent role, Keefe came to HSBC in 2021 from competitor Citigroup, where he initially served as head of Americas banking. The European-based institution recruited him and other prominent banking professionals in an effort to strengthen its dealmaking presence in the United States.
Keefe’s departure follows other executive changes, including the exit of Lisa McGeough, HSBC’s former U.S. banking chief, who left last September to join Deutsche Bank.
