Senior Adviser, Chatham House; Chairman, HSBC UK
Dame Clara Furse DBE

Summary

Clara Furse is the Chairman of HSBC UK, the ring-fenced bank of HSBC Group.

She is also a non-executive Director of Vodafone Group Plc and Amadeus IT Group, a member of Bocconi University’s International Advisory Council and, in 2012, chaired the Lead Expert Group of the UK Government’s Office for Science Foresight Project on the future of computer trading in financial markets.

She was an External Member of the Bank of England’s Financial Policy Committee (FPC), joining the new statutory body and macro-prudential regulator in April 2013 and standing down in October 2016.

She was a non-executive Director of Nomura Holdings from June 2010 to March 2017. Until April 2017, she was also the lead independent director of the UK's Department for Work and Pensions.

From January 2001 to May 2009 she was Chief Executive of the London Stock Exchange, a FTSE 100 company. During this period she was also a non-executive Director of Euroclear plc, LCH Clearnet Group Ltd., Fortis SA and a member of the Shanghai International Financial Advisory Council. From 2009 to 2013, she was a non-executive Director of Legal & General Group.

Prior to joining the Exchange, Clara was Group Chief Executive of Credit Lyonnais Rouse from 1998 to 2000.  Before that she spent 15 years at UBS.

Clara's career has spanned a broad range of global financial markets. She began her career in 1979 as a broker, joining Phillips and Drew in 1983. At UBS she became a Managing Director in 1995 and Global Head of Futures in 1996. During the 1990s she also served as a non-executive Director, Committee Chairman and Deputy Chairman of LIFFE, the UK’s first financial futures exchange.

Clara was educated at schools in Colombia, Denmark and Britain, and received her BSc (Econ.) from the London School of Economics in 1979.  She speaks several European languages and lives in North Wales and London with her husband and three children. She has achieved a number of firsts and won a number of awards during her career, including being named in the TIME 100 in 2007.

In 2008 Clara was made a Dame Commander of the British Empire for her contribution to the Financial Services industry.