Top leadership shakeup at HSBC

Stuart Gulliver is named the new CEO after Geoghegan resigns, while Douglas Flint will take on the chairman's role.
Stuart Gulliver
Stuart Gulliver

HSBC late Friday announced a shakeup of its top leadership that was sparked by the nomination of chairman Stephen Green to a government post earlier this month. However, the reshuffle became a lot more dramatic than initially perceived when CEO Michael Geoghegan announced his resignation, leaving the board with not one, but two key positions to fill.

This opened up for a promotion of Asia veteran Stuart Gulliver to CEO, a position that he will take up on January 1. In a continuation of Geoghegan’s relocation to Hong Kong in February this year, Gulliver will return to this former stomping ground for his new job after six years in London. Subject to regulatory approvals,...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222