HSBC's New CEO Georges Elhedery Initiates Major Leadership Overhaul

Elhedery starts his tenure with strategic management changes to drive digital and wealth growth.

Barry O'Byrne replaces Nuno Matos as head of Wealth and Personal Banking.
Stuart Riley appointed as the new Group Chief Information Officer to lead tech innovation.
Suzy White named interim Group Chief Operating Officer amid recruitment process.
Departing executives include John Hinshaw and Elaine Arden after significant tenures.
Elhedery emphasizes continuity and stability while navigating upcoming challenges.