McNamara, currently head of Commercial Banking for HSBC Bank Australia, will succeed current New Zealand CEO David Griffiths, whose next posting is yet to be announced.

Guy Harvey-Samuel, Group General Manager, Head of International Asia Pacific for HSBC, said Noel’s strong commercial banking and trade finance experience will be invaluable in driving expansion within HSBC’ New Zealand operations.

"We would like to thank David for his contribution to our New Zealand business, which now has a strong commercial banking platform supporting a growing base of international customers," Harvey-Samuel.

McNamara has worked for HSBC Bank Australia since 1995 in various roles including commercial banking, corporate banking, trade services and branch operations.