HSBC appoints insider Georges Elhedery as group CEO

HSBC appoints insider Georges Elhedery as group CEO

FILE PHOTO: Georges Elhedery, HSBC's chief executive for the Middle East and North Africa, poses for a photo during an interview with Reuters in Dubai, United Arab Emirates August 7, 2017. REUTERS/Hadeel Al Sayegh/File Photo

HSBC Holdings Plc said on Wednesday that Chief Financial Officer Georges Elhedery will become group CEO – a choice that highlights the global lender’s preference for continuity as it looks to kickstart growth.