Throughout his career, Mr. Marlon P. Young has had an outstanding track record of delivering aggressive revenue and asset growth as well as fostering strong client relationships. With exceptional sales and credit credentials as well as solid risk management and compliance experience, he transformed and turned around a number of major businesses by creating new directions, client strategies, business models, team structures, product innovations, and people initiatives.
Mr. Young was CEO and Regional Head of the HSBC Private Bank, Americas from 2006 until his retirement in April 2017. He managed the growth of the Global Private Bank’s businesses in North and South America, with USD 72 billion in products and USD 456 million in customer revenue. He was also a member of both the HSBC Bank USA Executive Committee and the HSBC Global Private Bank Management Committee.
Previously, Mr. Young was at Citigroup for 25 years. He was Managing Director and Head of Private Client Lending for its Smith Barney division, and held various leadership positions at Citigroup Private Bank, Citicorp Real Estate Group, and Citibank Corporate Bank. His international banking experience involved assignments in Thailand, Hong Kong, and the Philippines.
Active in advocacy and volunteer work, particularly in Junior Achievement, the Doe Fund, and Out on the Street, Mr. Young received President Obama’s Volunteer Service Award in 2011. He has served on several non-profit boards: as Chairman and Trustee of the US-Asia Institute, as a Global Advisory Board member of the Philadelphia Orchestra, and a Board Member of the University of South Dakota Foundation.
Mr. Young obtained his masters degree in business management from the Asian Institute of Management in 1979, along with an Outstanding Student Leadership Award. He graduated with a Bachelor of Science degree in Education from the University of South Dakota in 1977, where he was a member of the Omicron Delta Kappa Honor Society and an Honorary Member of the Beta Gamma Sigma Honor Society. Both alma maters accorded him alumni honors, with AIM granting him its Triple A Award in 2013 and the University of South Dakota presenting him with its Distinguished Alumnus Award in 2011.