HONGKONG, China — HSBC on Wednesday named chief financial officer Georges Elhedery as the bank's next chief executive to drive 'the next phase of development and growth.'
HONGKONG, China — HSBC on Wednesday named chief financial officer Georges Elhedery as the bank's next chief executive to drive 'the next phase of development and growth.'The new boss will take the helm on September 2, the bank said, as it looks to push on with a transformation undertaken by current CEO Noel Quinn, who announced his shock retirement in April.
Elhedery has a 'track record of leading through change, driving growth, delivering simplification, containing costs and brings a strong focus on execution', Tucker said.Elhedery said he was 'deeply honored by the trust placed in me to lead this great institution into the future'.
Names CFO Elhedery As Next Chief Executive
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