Lee, who joined HSBC in 1995, was most recently senior vice president and district executive for New York City region.

In her new position, Lee has expanded responsibility for HSBC’s 13 Asian focused branches in New York City, as well as growing market-share among the Chinese population nationally, including the West Coast where the bank has a growing branch presence.

Ashley Parker, New York City Regional President, HSBC Bank USA, said increasing market share among the Asian population is a key focus for HSBC and Elizabeth’s appointment confirms the strategic importance HSBC places on serving the banking and wealth management needs of this important client segment.