Elhedery, who is the current chief financial officer, will replace outgoing head Noel Quinn in September.
Elhedery's appointment as CEO comes less than two years after he was promoted to chief financial officer in January 2023. He will continue to serve as group CFO during the transition period, the company said in a statement.
HSBC Group Chairman Mark Tucker called Elhedery"an exceptional leader and banker who cares passionately about the Bank, our customers, and our people."As Gen Zers opt for astrology to pick stocks, experts warn it's ‘neither optimal nor ideal'
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HSBC appoints Georges Elhedery as group chief executiveHSBC appoints Georges Elhedery as group chief executive
Read more »
How GM CEO Mary Barra, IBM former CEO Ginni Rometty learned to be women leadersMary Barra and Ginni Rometty discuss being female role models in business with CNBC's Leslie Picker at the inaugural CNBC CEO Council: Leaders' Library.
Read more »
How GM CEO Mary Barra, IBM former CEO Ginny Rometty learned to be women leadersMary Barra and Ginny Rometty discuss being female role models in business with CNBC's Leslie Picker at the inaugural CNBC CEO Council: Leaders' Library.
Read more »
How GM CEO Mary Barra, IBM former CEO Ginny Rometty learned to be ‘women' leaders Mary Barra and Ginny Rometty discuss being female role models in business with CNBC’s Leslie Picker at the inaugural CNBC CEO Council: Leaders’…
Read more »
Elon Musk Reacts to Sam Altman Driving $2M Sports CarThe Tesla CEO continued his feud with the OpenAI CEO on social media.
Read more »
HSBC, Virgin Money and Nationwide customers suffer online banking outageCustomers of HSBC, Nationwide and Virgin Money suffered outages to their online banking services on Friday.
Read more »