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David Eldon

BOARD MEMBER DUBAI INTERNATIONAL FINANCIAL CENTRE
BOARD MEMBER DUBAI INTERNATIONAL FINANCIAL CENTRE
Farmacore Biotechnology
United Arab Emirates

Biography

 Commencing a career in banking with an Australian banking group in London in 1964, he joined HSBC Bank Middle East (formerly The British Bank of the Middle East), a principal member of the HSBC Group, in 1968. In January that year he took up his first position in Dubai, remaining in the Middle East undertaking a variety of roles in different countries until 1979, when he was transferred to the Group's operations in Hong Kong. Subsequent roles took him to Saudi Arabia, back to Hong Kong and then Malaysia. In 1990 he was appointed a General Manager of the Group. He returned to Hong Kong in April 1992 where, after a temporary assignment as General Manager Hong Kong and China, he took up the position of General Manager in The Hongkong and Shanghai Banking Corporation's International department. Mr. Eldon was made an Executive Director of the Bank in January 1994, Chief Executive Officer in January 1996 and Chairman in January 1999. In June 1996 Mr. Eldon became Chairman of Hang Seng Bank, a member of the HSBC Group, and was appointed a director of HSBC Holdings plc on 1 January 1999. He retired from the Group in May 2005. In 2005 he became Chairman of the Dubai International Financial Centre Authority until June 2011 and Senior Adviser, PricewaterhouseCoopers until June 2014. He made a return to Banking in 2011 to become non-executive Chairman of HSBC Bank Middle East Limited, and in 2013 took on an additional role as Chairman of HSBC Bank Oman, a subsidiary of HSBC 

Research Interest

 Commencing a career in banking with an Australian banking group in London in 1964, he joined HSBC Bank Middle East (formerly The British Bank of the Middle East), a principal member of the HSBC Group, in 1968. In January that year he took up his first position in Dubai, remaining in the Middle East undertaking a variety of roles in different countries until 1979, when he was transferred to the Group's operations in Hong Kong. Subsequent roles took him to Saudi Arabia, back to Hong Kong and then Malaysia. In 1990 he was appointed a General Manager of the Group. He returned to Hong Kong in April 1992 where, after a temporary assignment as General Manager Hong Kong and China, he took up the position of General Manager in The Hongkong and Shanghai Banking Corporation's International department. Mr. Eldon was made an Executive Director of the Bank in January 1994, Chief Executive Officer in January 1996 and Chairman in January 1999. In June 1996 Mr. Eldon became Chairman of Hang Seng Bank, a member of the HSBC Group, and was appointed a director of HSBC Holdings plc on 1 January 1999. He retired from the Group in May 2005. In 2005 he became Chairman of the Dubai International Financial Centre Authority until June 2011 and Senior Adviser, PricewaterhouseCoopers until June 2014. He made a return to Banking in 2011 to become non-executive Chairman of HSBC Bank Middle East Limited, and in 2013 took on an additional role as Chairman of HSBC Bank Oman, a subsidiary of HSBC 

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