This announcement follows a previous statement in May, indicating Sir Mark’s intention to retire before the end of the year.

His departure comes at a time when the AIA Group announced his appointment to Mr. Mark as his independent executive president, as of October 1.

HSBC indicated that Sir Mark will continue to work as a strategic advisor to the group’s CEO and the Council during the continuous search for his successor.

Anne Goudbi, the independent independent director of HSBC, leads the selection process for the following permanent chair.

She said: “Our focus is on securing the best candidate to lead the Board of Directors and the broader group during the next stage of our growth and development,” adding that the nomination and corporate governance committee is still making progress.

Meanwhile, Brendan Nelson, an independent non -executive director and chairman of the Collective Audit Committee, will take over the role of the president of the temporary group.

“I am honored to perform HSBC during this period of transition,” Nelson said.

Godber thanked Sir Mark for his eight -year leadership, saying: “We wish him success in his new role in AIA.

Post HSBC president to step down on September 30 first appeared on Leprate.

See our news section