HSBC pick insider as CEO

HSBC pick insider as CEO

Executive Grapevine
Executive Grapevine | Executive Grapevine International Ltd

HSBC has stuck with a tradition of promoting insiders as CEOs by naming John Flint, Head of the bank’s Retail and Wealth Management arm, as its next Chief Executive – FT reports.

This is despite enlisting several Executive Search firms to compile a list of potential outside candidates. At one point, the Financial Times was reporting that there was pressure on the bank’s new Chairman to appoint an outsider to ‘shake-up- the bank.

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