Elhedery will take on his new role from 1 January 2023, replacing Ewen Stevenson, who will be stepping down from the role of group CFO and executive director on 31 December and will leave HSBC in April next year.
The bank says that as it “approaches the end of its three-year transformation programme”, the board has taken the opportunity to “review the composition of the group executive committee with a particular focus on long-term succession planning”.
