HSBC CEO says new structure will unlock bank’s full potential

HSBC CEO says new structure will unlock bank's full potential

2024-10-22 11:08:00 :

HSBC Chief Executive Georges Elhedery said the new leadership structure unveiled on Tuesday would “unlock our full potential and drive future success”.

Elhedery, who succeeded former CEO Noel Quinn last month, said in a memo that a series of senior management changes would be made, including the appointment of Pam Kaul. Pam Kaur is the bank’s first female chief financial officer.

Global Banking and Markets CEO Greg Guyett will take on the newly created role of Chairman of the Strategic Clients Group, while HSBC and Europe CEO Colin Bell has decided to step down to pursue other opportunities.

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