HSBC Appoints Georges Elhedery as New CEO

1 min read
Source: CNBC
HSBC Appoints Georges Elhedery as New CEO
Photo: CNBC
TL;DR

HSBC has appointed Georges Elhedery as group CEO, effective September 2, replacing Noel Quinn. Elhedery, currently the CFO, will continue in that role during the transition. Quinn, who has led the bank through significant challenges, will remain available to the company until April 2025.

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