Candidate emerges as HSBC hunts for new chairman

Published on: June 6, 2025

By CITY & FINANCE REPORTER

Updated: 21:50 BST, 6 June 2025

A former McKinsey boss turned Goldman Sachs banker has been tipped to replace Mark Tucker as chairman of HSBC.

City sources told the Mail that Scottish-born Kevin Sneader has been approached about taking Tucker’s job when he leaves in September to become chairman of Hong Kong-based insurer AIA.

Sneader, 59, left his job as boss of management consultant giant McKinsey in 2021 following a string of crises.

He is now president of Asia-Pacific at Goldman Sachs.

Moving on: Mark Tucker is leaving in September to become chairman of Hong Kong-based insurer AIA

It was announced last month that Tucker, 67, would retire by the end of 2025, ending an eight-year tenure at the helm of the bank’s board.

AIA confirmed he would start his role as non-executive chairman on October 1 – a move that sees him return to the group he led as chief executive for seven years until 2017.

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Candidate emerges as HSBC hunts for new chairman

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Read more at DailyMail.co.uk

Candidate emerges as HSBC hunts for new chairman