US EditionHSBC’s Mark Tucker to become chair of insurer AIA
- Sir Mark Tucker will leave his role as chairman of HSBC at the end of September 2025 to become chairman of insurer AIA Group in Hong Kong.
- Tucker, who became HSBC chairman in October 2017 as the bank's first outsider chairman, announced his departure following a period of leadership changes and strategic shifts.
- During his tenure, Tucker led HSBC through several CEO transitions, a major restructuring focusing on eastern and western markets, and efforts to cut costs amid US-China tensions.
- AIA, which Tucker previously led as chief executive and presided over its $20.5 billion 2010 Hong Kong listing, recorded a record $34.1 billion pre-tax profit in 2023, reflecting strong recent earnings.
- Tucker’s exit triggers an interim chairmanship by Brendan Nelson while HSBC searches for a permanent successor, underscoring ongoing governance change at this global banking giant.
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Sky News UKReposted by 
khbrknews
khbrknewsHSBC sounds out ex-McKinsey chief Sneader about chairmanship
Scottish-born Kevin Sneader, who was voted out of the global consulting firm’s top job in 2021, has been approached about replacing Sir Mark Tucker at HSBC Holdings, Sky News learns.
·United Kingdom
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Total News Sources21
Leaning Left2Leaning Right3Center7Last UpdatedBias Distribution58% Center
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R 25%
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