Georges Elhedery

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Georges Elhedery
Foreign Secretary David Lammy meets with HSBC CEO (54631795827) (cropped).png
Elhedery in 2025
Bornc.1974 [1]
Beirut, Lebanon
OccupationBanker
Employer HSBC
Title Group chief executive
TermSeptember 2024-
Predecessor Noel Quinn

Georges Elhedery (born c.1974) is a Lebanese banker who has been the group chief executive (CEO) of HSBC since September 2024, when he succeeded Noel Quinn.

Contents

Early life

Elhedery was born c.1974 in Beirut, Lebanon, and grew up during the Lebanese Civil War. [1] [2] His father was a banker, and his mother a teacher. [2] He earned a degree in engineering at the École Polytechnique in Paris, followed by a postgraduate degree in statistics and economics from the École Nationale de la Statistique et de l'Administration Économique. [2] [3] He interned in Germany with Caisse des dépôts et consignations, a French public sector financial institution. [4]

Career

Elhedery began his career in banking with Banque Paribas in Tokyo in 1997. [5] He worked for Goldman Sachs from 2001 to 2005, before joining HSBC. [6] He moved to Dubai, where he became Middle East, North Africa, and Turkey CEO for the bank. [1] In 2022, Elhedery took a six-month sabbatical to learn Mandarin, and rejoined HSBC as its chief financial officer. [6] [1]

Elhedery succeeded Noel Quinn as group CEO of HSBC in September 2024. [2] As of February 2025, Elhedery earns a total of US$6.8 million in annual compensation from HSBC. [7]

References

  1. 1 2 3 4 Wilson, Elliot (18 July 2024). "HSBC's Georges Elhedery: Lucky man". Euromoney . United Kingdom: Delinian . Retrieved 15 February 2025.
  2. 1 2 3 4 Cruise, Sinead; White, Lawrence (17 July 2024). "Who is Georges Elhedery, HSBC's new CEO?". Reuters . Retrieved 15 February 2025.
  3. Klimes, Michael (17 July 2024). "HSBC appoints Elhedery as CEO to continue bank's Asia focus". The Banker . Retrieved 15 February 2025.
  4. Dunkley, Emma (5 November 2022). "Georges Elhedery: HSBC's heir apparent" . Financial Times . Retrieved 13 March 2025.
  5. Makartoff, Kalyeena; Simpson, Jack (17 July 2024). "HSBC names new Mandarin-speaking CEO as bank prepares for US-China tensions". The Guardian . Retrieved 15 July 2025.
  6. 1 2 Makortoff, Kalyeena (17 July 2024). "'More politicised than any other bank': HSBC's new boss prepares to ride the Chinese tiger". The Guardian. ISSN   0261-3077 . Retrieved 15 February 2025.
  7. Wee, Denise. "HSBC to Pay CEO Elhedery Total $6.8 Million as Bonus Pool Steady". Bloomberg News .

Further reading