HSBC Holdings plc announces changes to its senior management team. All changes will take effect from 1 October 2024 and, where required, are subject to regulatory approval.
Barry O’Byrne, Chief Executive Officer, Global Commercial Banking (CMB), is appointed CEO, Global Wealth & Personal Banking (WPB). Mr O’Byrne has a strong and proven track record in executing CMB’s transformation and growing the international franchise.
Nuno Matos, the current CEO of WPB, has decided to step down to pursue other opportunities after nine years with the Group. He will support Mr O’Byrne in an advisory capacity throughout 2024 and will leave the Group in 2025 after a period of gardening leave. Mr O’Byrne will continue to be based in Hong Kong. We will provide an update on plans for his successor in due course.
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