(MENAFN- Muscat Daily) Muscat- HSBC Holdings plc announced that John Flint, chief executive of retail banking and wealth management, will succeed Stuart Gulliver as executive director and group chief executive.
This will be effective from February 21, 2018 after Stuart has stepped down from both roles and retired from HSBC, according to a press release issued by HSBC.
Group chairman Mark Tucker, who led the search to identify Gulliver's successor, said, 'Flint has broad and deep banking experience across regions, businesses and functions. He has a great understanding and regard for HSBC's heritage, and the passion to build the bank for the next generation.
Through the search process, Flint has developed with myself and the board a clear sense of the opportunities and priorities that lie ahead. Over the coming months, before he formally takes over the group CEO role from Gulliver, we will be working closely together to develop and agree the key actions required to ensure we build on and enhance HSBC's current momentum.'
Flint said, 'I am humbled by the responsibility and enormously excited by the opportunity to lead HSBC as group CEO.'
MENAFN1410201701410000ID1095952557
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.