HSBC Appoints Barry O'Byrne as Interim CEO of Global Commercial Banking
August 08 2019 - 5:11AM
Dow Jones News
By Ian Walker
HSBC Holdings PLC (HSBA.LN) said Thursday that it has appointed
Barry O'Byrne as interim chief executive of global commercial
banking, subject to regulatory approval.
HSBC said that Mr. O'Byrne will replace Noel Quinn who has been
appointed as interim group chief executive. Mr. Quinn is succeeding
John Flint who is leaving the role after 18 months.
Mr. O'Byrne joined HSBC as group general manager and chief
operating officer of global commercial banking in 2017. In his new
role Mr. O'Byrne will join HSBC's group management board.
"We have moved swiftly to appoint Barry as interim CEO for
commercial banking to ensure we maintain leadership momentum on
delivering for our customers, driving growth and delivering the
strategic investment program for the business," Mr. Quinn said.
HSBC announced late Sunday that Mr. Flint will step down as CEO
with immediate effect but will be available to assist HSBC with the
leadership transition. Mr. Quinn has taken temporary charge of the
CEO role while a search is carried out.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
August 08, 2019 04:56 ET (08:56 GMT)
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