HSBC Promotes CFO Georges Elhedery to Chief Exec
HSBCHSBC HOLDINGS(HSBC) PYMNTS.com·2024-07-17 21:21

British multinational banking group HSBC has a new chief executive officer.Georges Elhedery, who became HSBC’s chief financial officer (CFO) last year, will move into the chief executive role (CEO) September 2, the bank announced Wednesday (July 17). He replaces Noah Quinn, who announced his resignation in April after 37 years with the bank and five as CEO.Sir Mark Tucker, HSBC’s chairman, said Elhedery had shown “strategic insight and vision, and deep international perspectives” during the bank’s search fo ...