HSBC Holdings announced that Northrup R. Knox would retire as chairman of HSBC Americas Inc. and Buffalo-based Marine Midland Bank.

He will be succeeded by John R.H. Bond, 55, the group chief executive for HSBC Holdings in London, effective Jan. 1.

Mr. Bond, who will retain his current post, had been president and chief executive of Marine Midland Bank in 1991 and 1992.

Mr. Knox, 67, was elected director of Marine Midland Bank in 1973. In 1988, he was named chairman of the bank, and its U.S. parent at the time, Marine Midland Banks Inc.

He represents the third generation of his family to serve as chairman of Marine Midland Bank and its predecessors.

Seymour H. Knox Jr., his father, was chairman from 1942 to 1970. Seymour H. Knox, his grandfather, held the post from 1913 to 1915.

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