City Of London
HSBC’s Georges Elhedery to Replace Ewen Stevenson as CFO
- Markets head Georges Elhedery to replace Ewen Stevenson
- Greg Guyett appointed sole head of global banking and markets
This article is for subscribers only.
HSBC Holdings Plc named Georges Elhedery as its new chief financial officer, setting up the bank’s former markets boss as a potential front-runner to eventually replace Chief Executive Officer Noel Quinn.
Announcing third-quarter results that beat analysts’ expectations, Europe’s largest bank said Ewen Stevenson would step down at the end of December, just days shy of his fourth anniversary as CFO. He will leave the bank next April, the company said in a statement.