HSBC names Pam Kaur as first female CFO in bank's history
Briefly

HSBC Holdings Plc has made history by naming Pam Kaur as the first female chief financial officer, marking a significant milestone in the bank's 150-year legacy.
Pam Kaur's extensive experience in auditing, risk, and compliance equips her to navigate HSBC's restructuring efforts amid falling interest rates and geopolitical challenges.
Chief Executive Officer Georges Elhedery emphasized Kaur's exceptional candidacy among numerous internal and external candidates, underscoring the strength of HSBC's leadership pool.
HSBC faces the challenge of cutting $2 billion in costs to maintain profitability, highlighting the critical role Kaur will play in the bank's financial strategies.
Read at Fortune
[
|
]