HSBC, one of the world’s largest banking and financial services organisations, has announced the renewal of three key pillars of its global golf sponsorship portfolio and confirmed its commitment to the World Golf Championships-HSBC Champions, the HSBC Women’s Champions and the Abu Dhabi HSBC Golf Championship following the news earlier this summer that the bank will continue as Patron of The Open Championship.
Giles Morgan, Global Head of Sponsorship and Events at HSBC, made the announcement on stage at the 2015 HSBC Golf Business Forum in Shanghai against the backdrop of the bank’s 150th Anniversary and ahead of the 11th edition of the World Golf Championships-HSBC Champions, which starts at the Sheshan International Golf Club on Thursday.
Morgan, flanked by an impressive cast of The European Tour’s Chief Executive, Keith Pelley; US PGA Tour Commissioner, Tim Finchem; Chief Executive of the R&A, Martin Slumbers; Kyi Hla Han, Asian Tour Chairman; HE Aref Al Awani, General Secretary of the Abu Dhabi Sports Council (ADSC) and Global Head of Golf at IMG, Guy Kinnings; announced HSBC’s wholehearted commitment to golf with the renewal of its title sponsorship position of all of the professional tournaments in its portfolio.
Multi-year extension contracts for the renewals of the HSBC Champions, the HSBC Women’s Champions in Singapore, the Abu Dhabi HSBC Golf Championship were all agreed this morning in Shanghai.
Morgan said: “In the last decade, we have been involved in 45 tournaments and brought world-class golf events to China, Singapore and the UAE. Today we are re-stating our commitment to golf in Asia and the Middle East.
“Here in China, our flagship World Golf Championships-HSBC Champions event has proved to be the perfect stage for golf in Asia to come of age; in Singapore, HSBC Women’s Champions has become an annual highlight of the LPGA Tour; whilst the Abu Dhabi HSBC Golf Championship has cemented its reputation as the jewel in the crown of Middle Eastern golf. We believe today’s announcement represents a major statement of intent as golf prepares to return to the Olympic Games following a 112-year absence – it’s a huge opportunity for the sport and one golf needs to grab with both hands.”
HSBC is one of the biggest supporters of golf worldwide, with extensive youth and community programmes in place to underpin their commitment to elite golf. The presence of so many of the leaders in world golf at the announcement underlines just how significant HSBC’s contribution is considered to be to the game, and how much the Tours each value the bank’s committed support.
Keith Pelley said: “Today’s announcement is wonderful news for The European Tour and continues our partnership with HSBC which stretches back to November 2005, when the first HSBC Champions tournament became part of our International Schedule. Since then, both the WGC-HSBC Champions tournament and the Abu Dhabi HSBC Golf Championship have become hugely significant events, and to have them both part of The Race to Dubai for the next five years is fantastic news. We thank HSBC not only for their commitment to The European Tour, but to the game of golf as a whole.”
Tim Finchem said: “We are delighted to be here today to be with Giles to announce this excellent news. The World Golf Championships-HSBC Champions is the flagship event in Asia for the PGA TOUR and a great example of collaboration with the different members of the International Federation of PGA Tours along with the CGA and IMG to deliver a world-class tournament. We are thrilled that with this five-year extension, the HSBC Champions will be a part of the PGA Tour’s FedExCup schedule through the 2020-21 PGA TOUR season.”
LPGA Commissioner, Mike Whan, commented: “HSBC is a world-class sponsor of women’s golf, and it is fantastic to be here representing the LPGA as part of this important announcement for golf globally. HSBC Women’s Champions is one of the best events on our Tour, and HSBC’s commitment to women’s golf is unwavering.”
Kyi Hla Han said: “We have been part of the HSBC Champions since 2005, and have enjoyed seeing this tournament grow and establish itself. It is great news that HSBC has guaranteed the future of the only World Golf Championships held in Asia.”
HE Aref Al Awani, ADSC’s General Secretary, welcomed the renewed partnership, saying: “HSBC has greatly contributed to the Championship since coming on board in 2011. With its support we have strengthened the field, significantly enhanced the spectator offering and hugely expanded our messaging outreach. Through this partnership, the Championship has become stronger year-on-year and we believe that will hold true for the coming half decade.”
Zhang Xiaoning, Vice President and Secretary General of the CGA, said: “We welcome this traditional tournament to continue to take place in China. For a long time, CGA has enjoyed working with HSBC on this tournament and their junior programme and very much appreciate their commitment to golf in China.”
The HSBC Golf Business Forum, which is taking place at the Pudong Shangri La Hotel in downtown Shanghai, gathers together the game’s most influential voices and global innovators at the world’s premier golf business event.
The 11th World Golf Championships-HSBC Champions is the final World Golf Championships of the year, and takes place at the Sheshan International Golf Club from November 5-8, with a stellar field confirmed including reigning Champion and World Number 4 Bubba Watson, World Number Two Jordan Spieth, World Number 3 Rory McIlroy, World Number 5 Rickie Fowler, World Number 7 Henrik Stenson, 2013 Champion Dustin Johnson, 2011 Champion Martin Kaymer, 2008 Champion Sergio Garcia and the inaugural 2005 winner, David Howell.
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