HSBC Revamps Leadership, Appoints Selim Kervanci as Middle East CEO
Portfolio - People | Nov 25, 2024 | Zawya
In a significant reshuffle of its senior management, HSBC has appointed Selim Kervanci as the new CEO for the Middle East region, effective January 1, 2025, pending regulatory approval. With over a decade of experience in the region, Kervanci brings extensive expertise as he steps into his new role, reporting to Surendra Rosha and David Liao, Co-CEOs for Asia and the Middle East. Alongside, Richard Blackburn has been named Interim Group Chief Risk and Compliance Officer after serving in various senior risk management roles within HSBC. Celine Herweijer, the Group Chief Sustainability Officer, will step down, succeeded temporarily by Julian Wentzel. These changes highlight HSBC's strategic focus on leadership sustainability and risk management.
Sectors
- Banking and Financial Services
- Sustainability
Geography
- Middle East – The article discusses the appointment of a new CEO for the Middle East region at HSBC.
- Turkey – Selim Kervanci, the new Middle East CEO, was previously CEO of HSBC Turkey.
Industry
- Banking and Financial Services – The article relates to HSBC, a global banking and financial services corporation, highlighting leadership changes within the organization.
- Sustainability – Mention of changes in the Chief Sustainability Officer role and reference to HSBC's Net Zero by 2050 programme indicate relevance to sustainability.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HSBC | Financial Institution | Company | A leading global banking and financial services organization making key leadership changes. |
| Selim Kervanci | CEO, Middle East | Person | Newly appointed CEO for the Middle East region at HSBC. |
| Richard Blackburn | Interim Group Chief Risk and Compliance Officer | Person | Appointed Interim Group Chief Risk and Compliance Officer at HSBC. |
| Celine Herweijer | Former Group Chief Sustainability Officer | Person | Has stepped down from her role at HSBC. |
| Julian Wentzel | Interim Group Chief Sustainability Officer | Person | Temporarily appointed as Interim Group Chief Sustainability Officer at HSBC. |
| Surendra Rosha | Co-CEO Asia and Middle East | Person | Co-CEO for HSBC's Asia and the Middle East region. |
| David Liao | Co-CEO Asia and Middle East | Person | Co-CEO for HSBC's Asia and the Middle East region. |
| Pam Kaur | Group CFO | Person | Group Chief Financial Officer at HSBC. |