Mark Tucker to Succeed Edmund Tse as AIA Chairman
HSBC's longtime chair Sir Mark Tucker will step down in September to become non-executive chair of insurer AIA, after nearly eight years at HSBC, where he has overseen significant restructuring efforts. Brendan Nelson will serve as interim chair during the search for a permanent replacement. Tucker, a former CEO of AIA and Prudential, will serve as a strategic adviser to HSBC during this transition.