HSBC Appoints Georges Elhedery as New CEO

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Source: CNBC
HSBC Appoints Georges Elhedery as New CEO
Photo: CNBC
TL;DR Summary

HSBC has appointed Georges Elhedery as group CEO, effective September 2, replacing Noel Quinn. Elhedery, currently the CFO, will continue in that role during the transition. Quinn, who has led the bank through significant challenges, will remain available to the company until April 2025.

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