HSBC Group Chairman Sir Mark Tucker Announces Retirement Before End of 2025
HSBC Holdings plc has initiated its succession planning as Group Chairman Sir Mark Tucker confirmed his intention to retire by December 2025. The banking veteran, who assumed leadership in October 2017 after joining the board two months prior, leaves behind an eight-year transformative legacy.
"Leading HSBC has been the privilege of a lifetime," Tucker remarked. His departure timeline allows for an orderly transition, with confidence expressed in incoming leadership under Georges Elhedery. The Nomination Committee has begun formal succession procedures.