HSBC names Elhedery as its new CEO
Evening Standard|July 17, 2024
HSBC today named current finance boss Georges Elhedery as its new chief executive, filling one of the biggest and highest-paying jobs in British banking.
Michael Hunter and Graeme Evans
HSBC names Elhedery as its new CEO

It had been open since the shock resignation of Noel Quinn from the £120 billion giant in April.

HSBC, based in London and a major player across Asian markets, has been caught in East-West political tension and has faced down calls to split along geographical lines. Some of the loudest came from the Chinese insurance giant Ping An. Quinn played a major role in facing them down, alongside HSBC’s chairman, Mark Tucker.

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