HSBC appoints new CEO for the Middle East

Selim Kervanci is appointed as CEO, Middle East for HSBC subject to regulatory approval. Selim will report to Surendra Rosha and David Liao, Co-CEOs Asia and the Middle East.

Selim has worked in regional roles for a number of years, has been on the MENAT ExCo for more than 10 and is currently CEO of HSBC Turkiye. He joined HSBC in 1996 and has extensive knowledge and experience across a broad range of areas including driving transformation, growing businesses, and delivering financial performance in volatile markets. Over the past 28 years, he has built wide-ranging connections with clients, officials, and regulators across the Middle East.

Georges Elhedery, HSBC Group Chief Executive Officer, said: “I would like to congratulate Richard, Julian and Selim on their new roles, and thank Celine for her significant contribution to our net zero ambitions since 2021