HSBC UK’s new head office in Birmingham will be officially ‘topped out’ today (05/05), an important milestone in the bank’s creation of its new head office at the heart of the UK.

The 210,000 sq. ft. head office at Centenary Square is due to open in January 2018 and the topping out ceremony represents the completion of the physical frame of the 10 storey building. Work has now begun on interior installations including internal walls, lift machinery and plumbing.

HSBC UK is investing over £200 million in Birmingham and moving more than 1,000 head office roles to the city from London before 1 January 2019. More than half of these roles are now accounted for through a combination of people moving from London already, people moving this year, and new hires into Birmingham.

HSBC UK is taking a 250-year lease on the new head office, which will accommodate up to 2,500 people. In addition to the 1,000 head office roles moving from London, HSBC UK already employs more than 2,500 people in the city.

Antonio Simoes, CEO of HSBC Bank plc, said:
“The creation of HSBC UK’s new head office in Birmingham provides us with a once in a lifetime opportunity to build a new and better bank for our customers and people. It’s important that our new head office reflects our brand, culture and heritage and we have been working hard to create the right infrastructure and environment.

“We’re proud that our new head office will be one of the greenest buildings in Birmingham and we believe its location at the heart of the UK will help us get closer to our 17 million customers across the UK. More than half of the head office roles we’re moving from London to Birmingham are now accounted for and we’re recruiting internally and externally for the remaining roles, with more than 2,000 HSBC colleagues having already registered their interest.”

HSBC UK announced the appointment of Ian Stuart as CEO UK in February 2017. This followed the announcement of Dame Clara Furse’s appointment as non-executive chairman of HSBC UK. Both appointments remain subject to regulatory approval.