Chairman of HSBC's UK bank retires
Cancer-stricken Sandy Flockhart, the Chairman of HSBC's UK banking operations, it to retire at the end of the month.
Cancer-stricken Sandy Flockhart, the Chairman of HSBC's UK banking operations, it to retire at the end of the month.
Flockhart, who has worked for HSBC for 37 years, will retire as a non-executive director of HSBC Holdings, the parent group of HSBC Bank; he will also step down as a director of HSBC Bank Middle East. He gave up executive duties at HSBC back in April.
In his long career with HSBC Flockhart has been Chairman of HSBC's operations in Europe, the Middle East and Africa and also the Chief Executive Officer of The Hongkong and Shanghai Banking Corporation Limited.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"We are extremely grateful to Sandy for his dedicated and loyal service to HSBC over 37 years including the last four years on the HSBC Holdings Board and wish him well for the future, particularly in his continuing fight against cancer," said Douglas Flint, group Chairman of HSBC.
JH
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
How high earners could boost their pension by thousands and cut childcare costs
Salary sacrifice could boost your pension by thousands, while also helping you save on childcare costs. We delve into the numbers.
-
Monzo launches 11 ETFs via Blackrock to help savers invest
Monzo customers can now invest BlackRock's iShares ETF range via its banking app, making investing more accessible to millions