HSBC CEO John Flint Leaves Abruptly After Only 18 Months In Role

hsbc flint


Tucker told Reuters a change of CEO was needed to accelerate progress in HSBCs major strategic priorities such as the turnaround of its U. Although not carrying out his day day duties after today the bank added. Noel Quinn will be the interim chief executive until a successor is appointed. flints departure came as hsbc announced its first half financial results for. Flint said it had been a privilege to spend his entire career with HSBC and that he was proud of what we achieved together. I have agreed with the board that todays good interim results indicate that this is the right time for change both for me and the bank. HSBC Holdings PLC said Monday that Flint stepped down because a change is needed to meet challenges. Flint spent almost 30 years at HSBC before being named CEO last year. The bank said its chief executive of global commercial banking will serve temporarily as CEO while HSBC looks for a permanent replacement. What may also be the case is that he may have been trying to push through real change and this was being frowned upon

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