HSBC Holdings Appoints Pam Kaur as First Female Finance Chief
In October 2024, HSBC Holdings (HSBA.L) appointed insider Pam Kaur as the first female finance chief in the bank’s 160 year history. Pam replaced Georges Elhedery, who took the CEO position in the company earlier in 2024. In a statement, the firm stated that this significant step shall streamline the bank into four business units.
Additionally, HSBC is a firm that serves in the Financial Services industry, specializing in Banking, Financial Services, International Finance and Banking, Wealth Management, Corporate, and Business Banking, and retail banking. The company has been listed in London, Hong Kong, New York, and Bermuda stock exchanges.
Pam’s new position will be effective from January 1, 2025, since the firm will restructure all its operations by that time, into four distinct business lines that include Hong Kong; UK; corporate and institutional banking; and international wealth and premier banking.
