17th Mar 2020 17:40
(Alliance News) -Â HSBC Holdings PLC on Tuesday said it has appointed interim Chief Executive Noel Quinn as the bank's new permanent boss.
"Noel has proven to be the outstanding candidate to take on a role permanently that he has performed impressively on an interim basis since August 2019," said Chair Mark Tucker.
Quinn said there is "much that remains to be done" at HSBC.
"I have really enjoyed working with Mark, the board and over 230,000 colleagues around the world to reposition the bank for success in the future. HSBC is an outstanding global company with talented and dedicated people. There is much that remains to be done and I am confident that we will rise to the challenge and deliver for our shareholders, customers, employees and society at large," said Quinn.
Shares in the lender closed up 6.5% at 494.65 pence in London on Tuesday.
By Lucy Heming;Â [email protected]
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