Sir William "Willie" Purves CBE, GBM (Chinese: 浦偉士, born 27 December 1931) was the first Group Chairman of HSBC Holdings following the creation of a holding company to act as parent to The Hongkong and Shanghai Banking Corporation and the Midland Bank following the former's acquisition of Midland in 1992.[1]
Born in Kelso, Scotland, Purves attended Kelso High School before commenced training with The National Bank of Scotland (now The Royal Bank of Scotland) in 1948. This was interrupted by National Service in Korea, during which time he was awarded the Distinguished Service Order (DSO). He rejoined banking in 1954 and moved to Hong Kong to join The Hongkong and Shanghai Banking Corporation, where he remained for the rest of his working life. In 1986, he became Chairman and CEO of The Hongkong and Shanghai Banking Corporation, and was appointed Chairman and CEO in 1991 prior to the formation of HSBC Holdings, and as such oversaw the purchase and integration of Midland Bank.
Retiring from HSBC in 1998, he played a large role in overseeing the transition from British to Chinese rule in the territory's significant financial services sector.
Knighted in 1993 and awarded the Grand Bauhinia Medal by Hong Kong in 1999, he now lives in London.
| Business positions | ||
|---|---|---|
| Preceded by |
HSBC Group Chief Executive 1986 – 1993 |
Succeeded by John Bond |
| Preceded by Michael Sandberg |
HSBC Group Chairman 1986 – 1998 |
Succeeded by John Bond |
| Order of precedence | ||
| Preceded by Yang Ti-liang Recipient of the Grand Bauhinia Medal |
Hong Kong order of precedence Recipient of the Grand Bauhinia Medal |
Succeeded by Mo Kwan-nin Recipient of the Grand Bauhinia Medal |