Xin Lang Cai Jing·2025-12-03 09:25Group 1 - HSBC Holdings announced the appointment of Libor as Group Chairman after a rigorous selection process considering both internal and external candidates [1][3] - As of the latest report, HSBC's stock price is HKD 111.5 per share, reflecting a 0.45% increase [1][3] - Libor joined the HSBC Board in September 2023 and will assume the role of interim Group Chairman starting October 1, 2025 [1][3] - Libor has extensive experience in the financial services industry, having led global financial services at KPMG and served on the boards of BP, Royal Bank of Scotland, and HSBC [1][3] - The current Group Chairman, Du, who has been in the position since October 1, 2017, has announced plans to step down by the end of 2025 [1][3] Group 2 - In July of last year, HSBC announced the appointment of Aik Chiu as Group CEO, effective September 2, 2024 [2][4] - Aik Chiu has initiated significant reforms since taking office, including simplifying the organizational structure into four main business areas [2][4] - By February of this year, HSBC completed the simplification of its organizational structure to accelerate the next phase of its strategic implementation [2][4] - The transformation aims to create a simpler, more dynamic, and agile organization through the four core business areas [2][4]