HSBC appoints Georges Elhedery as group CEO starting Sept. 2

Key Points

HSBC announced on Wednesday that it has appointed Georges Elhedery as group CEO, starting Sept. 2.
Elhedery replaces Noel Quinn, who has held the position for nearly five years.
Elhedery will continue to serve as group CFO during the transition period, and his successor for the role has not been announced.

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