HSBC’s board is at odds over who should progress as a candidate to become its next chair, as Europe’s largest lender tries to find a replacement for Mark Tucker following his surprise exit earlier this year.
The bank’s leadership is struggling to agree on whether certain candidates are qualified enough to take on one of the industry’s most challenging roles, according to people familiar with the conversations, as it returns to names that have previously been rejected or declined the job.
Board members, all of whom joined after Tucker began his tenure as chair in 2017, have differing opinions on who satisfies two crucial requirements of the role: financial services experience and in-depth knowledge of Asia.
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