Business
HSBC’s New CEO, Georges Elhedery, Reshuffles Senior Staff for Digital and Wealth Expansion: Appoints Stuart Riley as Group Chief Information Officer
HSBC's incoming CEO Georges Elhedery is making significant changes to the top-tier staff to strengthen digital and wealth divisions. Elhedery, beginning his role on Monday, establishes a group-level information officer position and appoints a fresh CEO for global wealth and personal banking.
As the newly appointed CEO is set to commence his duties next week, HSBC is reshuffling its top-tier management to "gear up the organization for the next stage of progression and expansion". This includes the establishment of a new superior position focused on digital and technological advancement.
The division creates a fresh position named group chief information officer (GCIO), which will be assumed by ex-Citigroup banker, Stuart Riley. He will be responsible for guiding data and innovation.
Ever since he became a part of the team in February, Riley has made a significant and beneficial contribution. He has shown the necessary skills, enthusiasm, and principles to guide HSBC's tech teams in achieving our tech goals, according to the leading Hong Kong bank.
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