Ken Harvey to leave top IT post at HSBC
Ken Harvey is to leave the post of chief technology and services officer at HSBC at the end of March, retiring from the HSBC Group. The post will be taken by Sean O’Sullivan, currently UK CTSO. O’Sullivan takes up the post on 11 January, with Harvey acting as advisor during a three-month handover period.
Confirming Harvey’s departure, a bank spokesman said that the ambitious One HSBC IT replacement and realignment programme will continue, scotching suggestions that it will be de-emphasised as new senior management takes over at HSBC in the next few months. According to one source, the scale of the project has been reined in on the advice of external consultants, but others say that it is reaching the end of its natural life it is now three years since its inception, and many of the goals have been achieved. Presentations by the bank when One HSBC was first made public show the conclusion of the datacentre consolidation as being scheduled for 2010, for instance.
According to the spokesman, the bank “is continuing to move to one platform, particularly in retail” and One HSBC is central to this.
Harvey was appointed CTSO on 1 October 2008, integrating the roles of the chief operating officer and chief information officer as part of what the bank described as a recognition of its technology-driven focus.