HSBC appoints new CEO
John Flint, the current chief of retail banking and wealth management division, will become the group’s new CEO early next year to accelerate the bank’s current growth.
The Hongkong and Shanghai Banking Corporation Limited (HSBC) announced that John Flint, a veteran insider, to be its new group chief executive, effective February 21, 2018.
This move shows the bank, one of the largest banking and financial services institutions in the world, has retained its tradition of top-level promotion from within.
John Flint, who has been with the bank for neatly two decades, has a wealth of expertise and experience with its Asian business and is now the head of the group’s retail banking and wealth management division.
He will take the baton from Stuart Gulliver in February to join hands with the group’s new chairman Mark Tucker, who assumed his role early this month.
Flint’s knowledge of HSBC, along with his understanding of global financial markets, is regarded invaluable among the top levels as the bank is looking to build on its current position in the marketplace.
“John Flint has extensive and in-depth banking experience covering many areas around the world and business domains. He also has a deep understanding of and a high respect for HSBC’s tradition while committed to promoting the bank towards new-era development,” said Mark Tucker.
“During the next few months, we will work together to figure out key measures to maintain our momentum,” Mark Tucker added.
