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HONG KONG: Banking giant HSBC said on Tuesday that Chief Executive Officer (CEO) Noel Quinn would retire after overseeing a 'successful transformation' of the firm and record profits during almost five years in charge.
The surprise departure of Noel Quinn has placed fresh focus on an uncomfortable dilemma
Bank should consider candidates with more experience in the region, say shareholders
HSBC’s Hong Kong shareholders have demanded the bank appoint an Asian chief executive and focus more on the region after the unexpected retirement of Noel Quinn.
Boss Noel Quinn will remain in the role until a replacement is found