HSBC Names Chairman After Yearlong Search

HSBC named Brendan Nelson as chairman following a yearlong search to fill one of the biggest jobs in the global finance industry.

The 76-year-old Nelson, a longtime partner at KPMG, joined the U.K. bank’s board in September 2023 and had been serving as interim chairman since Oct. 1. Nelson’s predecessor, Mark Tucker, stepped down as chairman on Sept. 30 and joined Hong Kong insurer AIA.