‘An intense five years’: Read HSBC CEO Noel Quinn’s surprise resignation statement

In Asia


HSBC CEO Noel Quinn.

Lam Yik | Bloomberg | Getty Images

HSBC on Tuesday announced the surprise departure of Group Chief Executive Officer Noel Quinn after nearly five years at the helm.

In a statement released by the bank, Quinn said:

“It has been a privilege to lead HSBC. I never imagined when I started 37 years ago that I would have the honour of becoming Group Chief Executive of this great bank. I am proud of what we have achieved, and it has only been possible because of the talent, dedication, and commitment of the people at HSBC. I want to thank them wholeheartedly and wish them continued success for the next stage of the journey. After an intense five years, it is now the right time for me to get a better balance between my personal and business life. I intend to pursue a portfolio career going forward.”

First appointed as interim CEO in August 2019, Quinn took permanent leadership of HSBC in March 2020. He led the bank through challenges including the Covid-19 pandemic and deteriorating relations between China and the West.

The bank’s London-listed shares have risen over 30% since he became CEO.

On Tuesday, shares of HSBC — which also announced first-quarter earnings that beat expectations — were 3.6% higher at 11:04 a.m. London time.

The bank’s Chairman Mark Tucker paid tribute to Quinn’s leadership. “He has driven both our transformation strategy and created a simpler, more focused business that delivers higher returns. The bank is in a strong position as it enters the next phase of development and growth,” Tucker said in a statement.

HSBC said the hunt for its next CEO had begun, and that Quinn would remain in his post during this process.

Don’t miss these exclusives from CNBC PRO



Read More: ‘An intense five years’: Read HSBC CEO Noel Quinn’s surprise resignation statement

Join Our Newsletter!

Love Daynight? We love to tell you about our new stuff. Subscribe to newsletter!

You may also read!

Georgia residents are fighting efforts to build a massive monkey-breeding facility in their

Residents have voiced concerns about the facility itself to the possibility that monkeys would escape — which has occasionally

Read More...

Buenos Aires rocked by clashes over President Milei reforms

Riot police in Argentina's capital Buenos Aires have fired tear gas and water cannon to disperse protesters outside

Read More...

House votes to hold Garland in contempt, refer him for criminal charges at own DOJ

The House voted to hold Attorney General Merrick Garland in contempt of Congress on Wednesday, referring the

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu

Slot Garansi

https://www.stagebox.uk/wp-includes/depo10-bonus10/

depo 25 bonus 25

depo 25 bonus 25

https://paticielle.com/

https://glowliving.com/

https://www.bangunharjo.desa.id/wp-includes/vietnam/

https://ripple-wellness.com/

https://sinaboi.desa.id/shop/depo25-bonus25/

https://sungaiduo.desa.id/cgi-bin/

https://candiwulan.desa.id/wp-includes/rujak-bonanza/

https://kubangkangkung-kawunganten.cilacapkab.go.id/qris/

https://patimuan-patimuan.cilacapkab.go.id/spcmn/

https://padangjaya-majenang.cilacapkab.go.id/vendor/

https://padangsari-majenang.cilacapkab.go.id/desa/

https://palugon-wanareja.cilacapkab.go.id/image/

https://pangawaren-karangpucung.cilacapkab.go.id/qris/

https://patimuan-patimuan.cilacapkab.go.id/assets/

https://pengadegan-majenang.cilacapkab.go.id/store/

https://purwasari-wanareja.cilacapkab.go.id/nxs/

https://espotting.com/
https://32sing.com/
https://prime.edu.pk/blogs/
https://topfroosh.com/
https://zmart.hk/
https://shop.drdavidgilpin.com/
https://penzonerealty.com/
https://thefarmwifelife.com/
https://dominicandreamgirl.com/
https://menstruationstassen-test.com/
https://b4uage.com/
https://vignet.net/
https://neubau-immobilie-leipzig.de/
https://ttg.com.ar/
https://psiquiatraenprovidencia.cl/
https://theusaage.com/
https://crazytraveldeal.com/
https://vegaviral.com/
https://losafoods.com/
https://mycrimea.online/
https://runwithyourheart.site/
https://laidegoldskinclinic.com/
https://fuelpumpexpress.com/
https://flughafen-taxi-muenchen.com/
https://2z25.com/
https://toshow.us/
https://cprnabzino.com/
https://apologetics.ro/
https://puppiesanimals.com/
https://grandkozmetik.mk/
https://virtusmurano.com/
https://henyodigital.com/
https://painfulparenting.com/
https://mold.maqopt.com.br/
https://shopmygear.com/
https://richiptv.com/
https://s3webservices.tech/
https://anhduongcompany.vn/
https://bestcardiologistnashik.in/
https://jeansjourney.us/
https://latisanery.com/
https://edeyselldigitals.com/
https://lynxlolerservices.co.uk/
https://theonenews.in/
https://veganscure.com/
https://baizelshoecare.co.za/
https://kmh-tea.com/
https://inland.website/
https://saudepreciosa.com/
https://hiremedubai.com/
https://huntingsurvivors.com/
https://90s-shop.nl/
https://toffeehousesweets.com/
https://itn-info.com/
https://amaronilogistics.eu/
https://discimus.com.br/
https://panmarketllc.com/
https://agapelux.com/
https://snaptosign.com/
https://topnotchdealz.net/
https://mundoanimalperu.com/
https://mundoauditivo.com/
https://oncallorganicfood.com/
https://skyfood.co.uk/
https://saudecomgontijos.site/
https://pickandgofurniture.com/
https://byassa.ma/
https://agelessbeautylaserskinspa.com/
https://theidealseo.com/
https://bidkoin.id/
https://rblogistics.co.id/
https://dev.iphi.or.id/
https://iphijateng.or.id/
https://iteso.co.id/
https://movieland.id/
https://zteindonesia.co.id/
https://mail.pagtickets.com.br/
https://blogs.astroanupmishrji.com/
https://blogs.epistylar.com/
https://techfat.com/
https://smkn2jiwan.sch.id/
https://janestrinket.co.id/
https://tangerangmotor.co.id/
https://g4x.co.uk/
https://aahanagroups.com/
https://terraagrofertil.com.br/
https://excellentnewspaper.com/
https://digitalalmighty.com/
https://tnlin.com/
https://ebookngo.com/
https://gailelaine.com/
https://kazexpert.kz/
https://www.supermaillot.com/
https://amorefitsport.com/
https://aott.com.au/
https://apruebaconnota.org/
https://au11arts.com/
https://binaclass.com/
https://c-sun.com.tw/
https://calirunners.shop/
https://djnativus.com/
https://fatlossfats.com/
https://fercomat.cl/
https://helloginnii.com/
https://heylookielookie.com/
https://hollyorchards.com/
https://getneuenergy.com/
https://geekgadgetshub.com/
https://lederbraun.de/
https://longhealthylives.com/
https://memory-trees.com/
https://newplans.gr/
https://reconstructfit.com/
https://solarandmore.com/
https://thepathmapper.com/
https://timepiececloset.com.au/
https://www.cuffknit.com/
https://stayingfit365.com/
https://dgboutique.site/
https://laronia.fr/
https://maninhorst.nl/
https://pro-dog.ru/
https://man2kolaka.sch.id/
https://dinkes.gresikkab.go.id/
https://hhanif.staff.ugm.ac.id/
https://komipa.ukm.undip.ac.id/
https://kharisma92.ac.id/
https://elkisi.sch.id/
https://dtp.bengkuluprov.go.id/
https://bppbapmaros.kkp.go.id/haloluhkan/
https://inspektorat.mamujutengahkab.go.id/
https://isqsyekhibrahim.ac.id/
https://ilmupolitik.uinsgd.ac.id/
https://kpi.staindirundeng.ac.id/
https://igtkiprovjateng.org//
https://tahfidzulquran.ukm.unair.ac.id/
https://sitazzahra.sch.id/
https://mtsdarussholihin.sch.id/
https://mtsn24jakarta.sch.id/
https://pelita3school.sch.id/
https://waistlinewatcheds.com/
https://selfhackathon.com/
https://ezdigitalnews.com/
https://advantagechemical.com/
https://afranovintarkhis.com/
https://martinezabogadodeaccidentes.com/
https://classchalo.com/
https://chroellc.com/
https://newsnetify.com/
http://stg.diocanto.com/
https://gacwkeren.gacw.or.id/
https://autodiscover.d9sports.com/
https://autodiscover.dagnydesigngroup.com/
https://mail.explore814.com/
https://blogs.exploreyourtown.com/
https://mail.mombuzzmedia.com/
https://hotelarjuna.com/nue
https://uvasi.ru/
https://pakalertpress.com/
https://blueskypixels.co.uk/
https://postmyprayer.com/
deluna188
TOP1TOTO
WIFITOTO
TOPJITU
KARTUTOTO