sandy flockhart

Flockhart retires as an executive director after 37 years with HSBC, but will stay on as a non-executive director and chairman of a couple of subsidiaries.

HSBC spends $102 million to boost its stake in VietnamÆs largest insurance and financial services group to 18%.

HSBC group CEO Michael Geoghegan will relocate to Hong Kong and become chairman of the Asia business in February û a move the bank says reaffirms its commitment to the region.

At a hastily arranged media briefing Sandy Flockhart tries to allay concerns about the recent volatility in HSBC's share price.

Sandy Flockhart and Stuart Gulliver are promoted to executive director while Infosys's Narayana Murthy and Oracle's Safra Catz join as independents.

Following the unexpected departure of Michael Smith, the bank's head for Latin America and the Caribbean, Sandy Flockhart, takes the helm in Asia.