HSBC appoints John Flint as new CEO
HSBC Holdings Plc appointed John Flint as its next chief executive officer (CEO) after new Chairman Mark Tucker choosed not to break with tradition and tapped a long-serving insider to run Europe’s largest bank, reports Bloomberg.
Flint, currently head of retail banking and wealth management, HSBC’s largest division, will take over from incumbent Stuart Gulliver, according to a statement on Thursday.
Flint joined the bank’s management training program in 1989 and rose through the ranks of its Asian trading floor before returning to Europe 13 years ago to take on senior roles spanning the consumer and investment banking sides of the business.
He’s been treasurer, deputy head of markets, chief of staff and head of strategy.