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HSBC starts search for next chairman: report

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HSBC's board has appointed headhunters to start the recruitment of its next chairman, Sky News reported on Saturday (Nov 30), with incumbent Mark Tucker due to stand down by 2026. Read more at The Business Times.
HSBC has initiated the search for a new chairman to succeed Mark Tucker, whose term is set to end in 2026. According to a report by the Financial Times, the bank is looking to appoint someone with extensive experience in Asia, reflecting HSBC's strategic focus on the region. The search process is being managed by executive search firm Spencer Stuart, and the board aims to have a successor in place by the end of 2025. This move comes as part of HSBC's broader efforts to strengthen its presence in Asia, where it generates a significant portion of its revenue.

Read the Full Business Times Article at:
[ https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-starts-search-next-chairman-report ]