William Purves (banker)
Scottish banker
From Wikipedia, the free encyclopedia
Sir William "Willie" Purves, CBE, DSO (Chinese: 浦偉士, born 27 December 1931) was a Scottish banker until his retirement in 1998. He 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.[2]
Grand Bauhinia Medal (Hong Kong)
Sir William Purves | |
|---|---|
| Chairman of HSBC Holdings | |
| In office 1990–1998 | |
| CEO of HSBC Holdings | |
| In office 1990–1992 | |
| Chairman of The Hongkong and Shanghai Banking Corporation | |
| In office 1987–1992 | |
| CEO of The Hongkong and Shanghai Banking Corporation | |
| In office 1986–1992 | |
| Personal details | |
| Born | 27 December 1931[1] Kelso, Scottish Borders, Scotland |
| Spouses | Diana Troutbeck Richardson
(m. 1958–1988)Rebecca Jane Lewellen
(m. 1989) |
Civilian awards | Commander of the Order of the British Empire Grand Bauhinia Medal (Hong Kong) |
| Military service | |
| Allegiance | United Kingdom |
| Branch/service | British Army |
| Battles/wars | Korean War |
| Military awards | Distinguished Service Order |
Biography
Born in Kelso, Scotland, Purves attended Kelso High School before commencing 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)[3] – the only National Service officer to have won this honour.[4] 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 in 1991 prior to the formation of HSBC Holdings, and as such oversaw the purchase and integration of Midland Bank. He retired in 1998.[5]
Knighted in 1993 and awarded the Grand Bauhinia Medal by Hong Kong in 1999, he now lives in London and Oxfordshire. He is married to Lady Purves, and has four children and nine grandchildren by his first wife, Diana Purves.[6]
See also
- Sir Willie Purves Quaich, an annual rugby union award