06:28 AM EDT, 07/17/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) said Wednesday that it has appointed Georges Elhedery as group chief executive, effective Sept. 2.

The company said Elhedery succeeds Noel Quinn, who will remain available for consultations with the group and Elhedery during a transition period and while on paid leave until April 30.

Elhedery will continue to serve as group chief financial officer until a successor is named.

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