HSBC CEO Noel Quinn quits after 37 years of service, search for ...
Meanwhile, the bank has begun a formal process of finding a successor, considering both internal and external candidates. Noel will continue as Group Chief ...
HSBC CEO Noel Quinn - 10 things to know with detail
Noel Quinn has been the CEO of HSBC since August 2019, taking over from John Flint.
Quinn has been with HSBC for over 30 years, having joined the bank in 1987 as a graduate trainee.
Prior to becoming CEO, Quinn held various senior roles within HSBC, including Head of Commercial Banking and Global Head of Wealth Management.
Quinn has been leading HSBC through a period of significant change, including a restructuring plan that aims to cut costs and streamline the bank's operations.
Under Quinn's leadership, HSBC has announced plans to reduce its global workforce by around 35,000 jobs and to focus more on its core markets in Asia.
Quinn has emphasized the importance of digital transformation at HSBC, with a focus on improving the bank's technology and digital capabilities.
Quinn has also prioritized sustainability and ESG (Environmental, Social, and Governance) initiatives at HSBC, aiming to make the bank a leader in sustainable finance.
Quinn has faced challenges during his tenure as CEO, including the impact of the COVID-19 pandemic on the bank's operations and profitability.
Despite these challenges, Quinn has remained committed to driving HSBC's growth and profitability, while also addressing issues such as diversity and inclusion within the bank.
Looking ahead, Quinn's leadership will be crucial in navigating HSBC through the ongoing economic uncertainty and digital transformation in the banking industry.