National Life Group Names HSBC U.S. Head of Wealth and Personal Banking Racquel Oden to Board of Directors

Montpelier, VT - (May 10, 2024) National Life Group announced today that HSBC U.S. Head of Wealth and Personal Banking Racquel Oden has been elected to serve on the National Life Group Board of Directors.

In her role at HSBC, Oden is responsible for the delivery of wealth management, private banking, asset management and personal banking products and services in the U.S., targeted to internationally minded clients.

Oden has more than 25 years of experience in the financial services industry. She joined HSBC from JPMorgan Chase where she served as Head of Network Expansion for Consumer Banking, Head of National Sales and led consumer banking and wealth management for the Northeast Division. Previously, Oden was an executive member at Merrill Lynch, where she spent eight years in several leadership roles, and prior to that, she spent more than 10 years at UBS in various senior capacities. She started her career in equity trading at Morgan Stanley in 1997.

“We are honored to have Racquel join National Life Group as a successful leader within financial services. She brings a wealth of knowledge and expertise as a practitioner to our Board Room,” Chairman, CEO and President Mehran Assadi said.

Oden is Chair of the Board of Directors for the Thurgood Marshall College Fund. She also serves on the board of directors for the Apollo Theater in Harlem, New York City’s Prep for Prep, and The New York City Police Foundation. She earned a B.A. in political science from James Madison University and an M.B.A. from Hampton University. She lives on Long Island, NY, with her husband and daughter.

“National Life Group is a purpose-filled business with a simple mission ꟷ support our communities and the families we serve”, said Oden. “I am proud to be part of a board where what we do is as important as the products we sell. National Life Group is dedicated to providing peace of mind to families who are planning for their futures”.

About National Life Group
National Life is here to bring you peace of mind. We’ve been keeping our promises since 1848. Believe in tomorrow, do good today. Learn more at NationalLife.com

About HSBC
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 62 countries and territories. With assets of US$3,039bn at 31 December 2023, HSBC is one of the world’s largest banking and financial services organisations.

HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through Wealth and Personal Banking, Commercial Banking, Private Banking, Global Banking, and Markets and Securities Services. Deposit products are offered by HSBC Bank USA, N.A., Member FDIC. It operates Wealth Centers in: California; Washington, D.C.; Florida; New Jersey; New York; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc.

For more information, visit: HSBC in the USA

Contact: Daphne Larkin, corporate communications, National Life Group, 802.229.3607.

National Life Group® is a trade name of National Life Insurance Company, founded in Montpelier, Vt., in 1848, Life Insurance Company of the Southwest, Addison, Texas, chartered in 1955, and their affiliates.  Each company of National Life Group is solely responsible for its own financial condition and contractual obligations.  Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.