HSBC Holdings’s group chief executive CEO, Noel Quinn has informed the board of his intention to leave the banking group after nearly five years in the role, according to a statement to the Hong Kong Stock Exchange HKEX on April 30.
As a result, the London-headquartered bank's board has begun a formal process to find a successor, considering both internal and external candidates. Quinn, who became group CEO in March 2020, will continue as group CEO during this process. He has a 12-month notice period which expires on April 30, 2025.
The statement said “As group chief executive Quinn has overseen a successful transformation...
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