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.