(Reuters) – UK-headquartered HSBC Holdings (NYSE:)’ board has appointed headhunters to begin the recruitment of its subsequent chairman to succeed Mark Tucker, Sky Information reported on Saturday.
The London-listed, Asia-focused financial institution will take into account each present non-executive administrators and outsiders to succeed Tucker, the report mentioned, citing sources.
The financial institution has appointed headhunters together with MWM Consulting to run the method, the report added.
HSBC Holdings didn’t instantly reply to Reuters’ request for remark.
Tucker joined Europe’s largest financial institution from Hong Kong-based insurer AIA in March 2017, when HSBC broke custom by selecting an outsider to switch veteran Douglas Flint.
