HSBC Appoints Georges Elhedery as New CEO

HSBC Appoints Georges Elhedery as New CEO

Daily Current Affairs   /   HSBC Appoints Georges Elhedery as New CEO

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Category : Appointment/Resignation Published on: July 20 2024

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  • On July 17, 2024, HSBC Holdings Plc appointed Georges Elhedery as its new CEO, transitioning from a period of restructuring to a focus on growth.
  • Elhedery, previously HSBC's Chief Financial Officer, brings extensive experience from his roles in the Middle East, North Africa, and as CFO.
  • His appointment, HSBC's third chief executive in less than eight years, underscores the bank's preference for promoting internal candidates.
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