Dec 9th, 2025
HSBC Has Moved On From Multiple Accountability, CEO Elhedery Says
Georges Elhedery, chief executive officer of HSBC, discusses efforts to reduce bureaucracy at the lender and simplify its decision-making process. "We moved from 0% single accountability — everything had dual or multiple accountability," Elhedery tells Bloomberg's Francine Lacqua. "Now about 60% of our revenue is generated under single accountability."
