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
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
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
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
-
Regulator moves to protect access to cash amid branch closures and disappearing ATMs
News The Financial Conduct Authority has told banks to start assessing if local communities have adequate cash access from mid-September
By Marc Shoffman Published
-
VAT hike on private school fees could come earlier than previously expected
The government could start charging VAT on private school fees as soon as January 2025, according to the latest reports. What does it mean for parents?
By Katie Williams Published