HSBC names Georges Elhedery as the next Group Chief Executive

HSBC has appointed Georges Elhedery as the next Group Chief Executive, effective September 2. He succeeds Noel Quinn, who will retire on September 2. Before being named as Group CEO, Georges joined the board as Group Chief Financial Officer in early 2023.

He joined HSBC in 2005 and has worked in financial services, in various high-profile international roles, for almost three decades.

said: “Georges is an exceptional leader and banker who cares passionately about the Bank, our customers, and our people. He has a track record of leading through change, driving growth, delivering simplification, containing costs, and bringing a strong focus on execution,” said Sir Mark Tucker, Group Chairman, HSBC.

“Working together with our talented team, I look forward to delivering exceptional value to our clients and investors by driving strong performance on a sustainable growth trajectory,” said Georges.