Middle East

HSBC to name new Singapore CEO

Announcement expected as incumbent Tony Cripps will move to Saudi British Bank.

The Straits Times reports that HSBC will soon announce a new Singapore chief executive to succeed Mr Tony Cripps. He is to be managing director-designate and board member of SABB from April 4.

SABB, in which HSBC is the largest shareholder with a 31 per cent stake, disclosed his appointment in a February 17 bourse filing.

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