HSBC Holdings PLC announced the appointment of Brendan Nelson as Group Chair. Brendan Nelson has been serving as interim Group Chair since October 1, 2025, and joined the Board in September 2023. He has had an extensive career in financial services, both at KPMG, where he led the Global Financial Services Practice advising and auditing international banks, and on the Boards of BP, RBS, and HSBC.

This decision follows a robust process that considered both internal and external candidates. Brendan will remain as Chairman of the Group Audit Committee until the publication of the 2025 results in February 2026. HSBC will provide an update on the succession for this role in due course.