The former KPMG man, who became global financial controller of HSBC in 2020, has been appointed on an interim basis initially but he is thought likely to be confirmed as a permanent new finance boss.
In April, chief executive Noel Quinn unexpectedly said he would retire after five years in the job, prompting unconfirmed gossip of a clash over strategy with Tucker.
Quinn, who has been replaced by the bank’s previous CFO Georges Elhedery, signed off today with strong first half-results.
The appointment of finance chiefs as the top executives reporting into Tucker is seen by the City as indicative of wider trends, with the leaders of the finance departments — increasingly regarded as the decision makers — in many ways more influential than old style CEOs laying out strategy and looking for growth.
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