(MENAFN- Muscat Daily) The board of directors of HSBC Bank Oman has approved the transition plans for the chief executive officer of the bank, the bank said in a filing to the Muscat Securities Market (MSM) on Wednesday.
The bank said that after nearly seven years in Oman, Ewan Stirling, CEO, HSBC Bank Oman, will take on a new role as head of UK Transformation with the HSBC Group, based in London.
''As part of the usual succession plans for senior executives, and subject to regulatory approvals, the board of HSBC Bank Oman has approved the transition plans for the chief executive officer, HSBC Bank Oman,'' HSBC Bank Oman said.
The bank added that a senior and appropriately experienced successor has been identified from within the HSBC Group. ''These appointments will be effective only on regulatory approval and following HSBC Bank Oman's annual general meeting (AGM).''
''The ability to access experienced international talent with significant banking experience, and knowledge of HSBC systems, procedures and the region, evidences a core strength for HSBC Bank Oman,'' said the bank.
''An announcement regarding Stirling's successor will be made upon the receipt of the necessary regulatory approvals,'' HSBC Bank Oman s
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.