07:01 AM EDT, 06/06/2025 (MT Newswires) -- HSBC ( HSBC ) outgoing Chairman Mark Tucker has been named independent non-executive chairman of Hong Kong-based AIA Group, starting Oct. 1.

Tucker will step down from his current role at HSBC ( HSBC ), effective Sept. 30.

Separately, HSBC ( HSBC ) said that Brendan Nelson, an independent non-executive director and chair of the audit committee, will serve as interim group chair.

Tucker previously held the positions of CEO and president at AIA between 2010 and 2017. In addition to his new role, he will also chair AIA's nomination committee and serve on the remuneration committee.