Olfert De Wit
About Olfert De Wit
Olfert De Wit serves as the Chief Operating Officer of HSBC Continental Europe, overseeing operations across 15 countries. With extensive experience in the banking sector and a strong background in risk management, he has played a key role in organizational transformation and manages a significant annual budget.
Work at HSBC
Olfert De Wit currently serves as the Chief Operating Officer for HSBC Continental Europe, a position he has held since 2021. Prior to this role, he was the Interim CEO of HSBC Singapore for two months in 2021 and served as the Chief Operating Officer of HSBC Singapore from 2018 to 2021. His responsibilities include managing an annual budget of approximately USD 800 million and overseeing around 1,500 Digital Business Services colleagues across 15 countries. His extensive experience in the banking sector contributes to his effectiveness in this role.
Education and Expertise
Olfert De Wit has a strong educational background with a Master of Business Administration (MBA) from Northwestern University - Kellogg School of Management, where he focused on Finance, Management and Organization, and Public and Non-Profit Management. He also holds a Master of Science in Econometrics - Mathematical Economics from Maastricht University. His education equips him with the analytical skills necessary for risk management and regulatory engagement in the banking sector.
Background
Olfert De Wit began his career as an Assistant Researcher at the Ministerie van Economische Zaken from 1999 to 2000. He then joined The Boston Consulting Group, where he held various positions from 2000 to 2015, including Project Leader, Principal, and Partner and Managing Director. His experience at The Boston Consulting Group provided him with a foundation in strategic thinking and organizational design, which he later applied in his roles at HSBC.
Achievements
Throughout his career, Olfert De Wit has demonstrated a proven track record of challenging the status quo and driving change within complex financial institutions. He has played a significant role in organizational design and large-scale transformation management, leveraging his strategic thinking and priority-setting skills. His extensive experience in managing cross-cultural teams is crucial for overseeing operations across multiple countries in Europe.