HSBC’s chief financial officer Georges Elhedery will take over as chief executive in September, the bank has announced. Mr Elhedery will succeed Noel Quinn in the role after Mr Quinn announced his retirement from the bank in April. HSBC chairman Sir Mark Tucker said in a statement: “I am delighted to confirm Georges as the next HSBC Group Chief Executive.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post. Here
00:06are your headlines for this morning. HSBC's Chief Financial Officer, George Elledery,
00:12will take over as Chief Executive in September, the bank has announced today. Mr Elledery
00:18will succeed Noel Quinn in the role after Mr Quinn announced his retirement from the
00:22bank in April. HSBC Chairman Sir Mark Tucker said in a statement, I'm delighted to confirm
00:29George as the next HSBC Group Chief Executive. He's an exceptional leader and banker who
00:35cares passionately about the bank, our customers, our people. He's a track record of leading
00:40through change, driving growth, delivering simplification, containing costs, and brings
00:46a strong focus on execution. So update this morning that HSBC's Chief Financial Officer
00:51has been named as a new Chief Executive or takeover in September. My name is Greg Wright
00:58and I'm the Deputy Business Editor of the Yorkshire Post.