HSBC appoints new CEO to replace retiring Stuart Gulliver

Share
HSBC appoints new CEO to replace retiring Stuart Gulliver

Europe's largest bank, which is based in London, said Mr Gulliver would retire on 21st February to be replaced by the HSBC veteran, who now heads its retail banking and wealth management divisions.

The bank said in statement Thursday that Flint, who now heads up retail banking and wealth management, will take the job on February 21. Flint now leads the company's retail banking and wealth management services. He has previously served as the bank's treasurer, chief executive of its global asset management business, and as chief of staff for Mr. Gulliver. He has also worked in the Far East and the USA, before becoming group treasurer in 2006 and boss of HSBC's global asset management arm in 2011.

Chairman Mark Tucker says Flint has "great understanding and regard for HSBC's heritage, and the passion to build the bank for the next generation".

"The bank is very well-positioned for the future but we must continue to innovate and accelerate the pace of change required to meet the expectations of our shareholders, customers, employees and society at large", Flint said in a statement.

Despite his long service at HSBC, Flint indicated that he was hoping to make changes during his tenure.

Share

Advertisement

Related Posts

Newell Rubbermaid Inc (NYSE:NWL) Institutional Investors Sentiment Unchanged in Q2 2017
It turned negative, as 57 investors sold NWL shares while 227 reduced holdings. 72 funds opened positions while 196 raised stakes. Burke William A III sold $878,518 worth of stock. 5,353 shares valued at $280,979 were sold by CLARKE THOMAS E on Tuesday, May 9.

Foldable iPhone in the works
This might be due to the fact that Apple fears that some of its technical features might be leaked if Samsung takes the job. Of course, it's hard to imagine that the South Korean tech giant will be the only one to deliver such a device.

First Mother? Ivana Trump raises the possibility of her daughter Ivanka's presidency
That is where she was born and raised but she turned him down. " Raising Trump " is set to be released next week. The scandal spawned the iconic "Best Sex I've Ever Had" headline in the New York Post in 1990.

James Van Der Beek Reveals He Was Sexually Harassed By Older Men
Why?" 'That night and the next day I talked to everyone I knew that worked with him about what happened, ' Terry tweeted. It has led to him being fired from the film company he founded and his wife leaving him.

WH Smith shows stronger numbers and improved dividend
He added: "The High Street business performed well - matching the particularly strong profit performance from past year ". He added the "economic environment remains uncertain", but said WH Smith is well-placed for the year ahead.

Sentence review flagged after man jailed over 4yo's manslaughter walks free laughing
The court also heard Scown offered "considerable co-operation", and had already spent 987 days in prison. In sentencing Justice Martin Burns said Tyrell would have been "in extreme pain" and "very, very ill".

Want to trade efficiently? Check out: The Walt Disney Company (NYSE: DIS)
Ativo Capital Management Llc increased Sap Se Sp Adr (NYSE:SAP) stake by 8,578 shares to 165,011 valued at $17.27M in 2017Q2. It improved, as 68 investors sold SBUX shares while 409 reduced holdings. 69 funds opened positions while 121 raised stakes.

Anupam Kher appointed new FTII Chairman
While wishing Kher well for his tenure, Chauhan said, "Being a good or bad actor, doing big or small work, doesn't matter". The 62-year-old Kher was conferred the Padma Shri in 2004 and the Padma Bhushan in 2016 by the government of India.

Zverev brutalises racquet in loss to Del Potro
Fourth-seeded Marin Cilic defeated another American, Steve Johnson , 7-6 (1), 6-4. Alexander Zverev faces Juan Martin del Potro in Round of 16.

J&K govt orders inquiry over Asiya Andrabi photo gaffe
Andrabi, who is now detained under the Public Safety Act, heads Dukhtaran-e-Millat (daughter of nation) outfit which openly calls for merger of Jammu and Kashmir with Pakistan.

© 2015 ExpressNewsline. All Rights reserved.