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International Business Times

Business

Holmes CHAN

HSBC Names CFO Elhedery As Next Chief Executive

HSBC Georges Elhedery Noel Quinn Mark Tucker

HSBC on Wednesday named chief financial officer Georges Elhedery as the bank's next chief executive (Credit: AFP)

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.

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