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HSBC Holdings ( (GB:HSBA) ) has shared an update.
HSBC Holdings plc has announced that Brendan Nelson will take over as Interim Group Chair starting October 1, 2025, following the departure of Sir Mark Tucker on September 30, 2025. The transition has been carefully planned to ensure a smooth changeover, with Nelson receiving an annual fee of £1.5 million as per the company’s remuneration policy. The search for a permanent Group Chair is ongoing, led by Senior Independent Director Ann Godbehere, and further updates will be provided in due course. Sir Mark Tucker will remain as a strategic adviser during the interim period.
More about HSBC Holdings
HSBC Holdings plc is a prominent financial services organization headquartered in London, United Kingdom. It operates in the banking and financial services industry, providing a wide range of products and services including personal, commercial, and corporate banking. HSBC has a significant market presence globally, with a focus on serving both individual and institutional clients.
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