HSBC seeks CEO successor as Noel Quinn steps down
The bank's group chief executive said he wants to "pursue a portfolio career going forward", as Q1 earnings beat expectations.
Astrong
April 30, 2024
HSBC Holdings’s group chief executive CEO, Noel Quinn has informed the board of his intention to leave the banking group after nearly five years in the role, according to a statement to the Hong Kong Stock Exchange HKEX on April 30.
As a result, the London-headquartered bank's board has begun a formal process to find a successor, considering both internal and external candidates. Quinn, who became group CEO in March 2020, will continue as group CEO during this process. He has a 12-month notice period which expires on April 30, 2025.
The statement said “As group chief executive Quinn has overseen a successful transformation...
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