HSBC Names David Lindberg CEO of UK Business Amid Overhaul

HSBC Holdings Plc named David Lindberg chief executive officer of its ring-fenced UK bank, ending a long search as the lender undergoes its biggest overhaul in a decade.

Lindberg, most recently head of retail banking at NatWest Group Plc, will start on Dec. 8 and also join the group operating committee, according to a statement. He’s replacing Ian Stuart, who will start his new role as group customer and culture director following a handover period.