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HSBC has hired the former natwest executive david Lindbergh has been appointed as the new boss of the UK business.
Mr Lindbergh, who was chief executive of NatWest’s retail banking until earlier this year, will take up the post on December 8.
He replaces Ian Stuart, who moves to a new position as group customer and culture director.
Mr Lindbergh’s appointment is the latest leadership change under Chief Executive Georges Elhedary, who has led sweeping changes since taking the top job last year.
Mr Lindberg joins HSBC UK after more than 27 years in financial services, including the last five years at NatWest.
“I am honored to join HSBC at such an important time,” he said.
“HSBC UK serves more than 15 million individual and business customers and plays a vital role in supporting the country’s economy.
“I am excited to work with the team to deliver HSBC’s best services to all our customers and to innovate to enable the success of individuals, communities and businesses across the UK.”
HSBC Group Chief Executive, Georges Elhedary, said: “I am delighted that David is joining HSBC to lead our UK business.
“As one of our two home markets, the UK is our fundamental strength as a group.
“David brings with him an impressive focus on the customer, deep international experience and a clear vision for the future as we invest in innovation to grow our business and put our customers at the heart of everything we do.”