18th Apr 2016 05:27
LONDON (Alliance News) - Stuart Gulliver, chief executive officer of HSBC Holdings PLC, will step down in two years as the UK bank replaces its top leadership, according to The Sunday Times.
The report noted the company has started compiling a list of internal candidates and will also consider external applicants.
The bank plans to appoint a new chairman first to help choose the next CEO, the Sunday Times reported, after HSBC said last month that it plans to nominate a successor to Chairman Douglas Flint next year.
Copyright RTT News/dpa-AFX
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