HSBC Holdings has appointed its group chief financial officer CFO Georges Elhedery as group chief executive, effective from September 2.
The appointment of Elhedery pictured follows a selection process that considered both internal and external candidates, after current group chief executive Noel Quinn announced his departure earlier in the year in April.
Elhedery joined HSBC in 2005 and has worked in financial services, in a variety of high-profile international roles, including as co-CEO of global banking markets for almost three decades. This includes roles in Asia, the Middle East and Europe. He became CFO in January 2023.
In a July 17...
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