HSBC says it's tapping the head of Asian life insurer AIA Group to be its chairman, turning to an outsider for a job it has traditionally filled from within its own ranks.

HSBC Group chairman Mark Tucker will return to Hong Kong-based insurer AIA Group as its new group board chairman. Tucker will step down from his role at HSBC and resign from the board on September ...

HSBC Holdings PLC is set to name AIA Group Ltd. Chief Executive Mark Tucker as its next chairman, the first time the bank has hired from outside for the role in its 151 year history.

Tucker will depart HSBC by September 30 and will step into the role of AIA chairman on October 1, the two companies said in separate statements on Friday. Tucker served as AIA chief executive and ...

HSBC (NYSE:HSBC) reopened its search for a new chair after its initial shortlist failed to produce a suitable successor for ...

AIA, the Asian life insurance arm of AIG, raised over $17 billion listing in Hong Kong. ... he will step down from this role when he takes on the HSBC job. Other achievements.

Hong Kong insurer AIA Group Ltd said its CEO and President Mark Tucker will leave the company to take up the role of non-executive Group Chairman of HSBC Holdings Plc Ng Keng Hooi AIA Regional CEO ...

AIA chief Mark Tucker will bring an outsider’s view to chairman role. ... HSBC has become good at returning capital, but partly because it is struggling to find profitable growth.

AIA Group Ltd. Chief Executive Mark Tucker, who will become chairman of HSBC Holdings Oct. 1, at a news conference in Hong Kong Feb. 25, 2011.

HSBC's analysts underscore that AIA Group's current valuation is appealing, trading at around 1.1 times the estimated 2024 embedded value (EV) and offering a forecasted 15.5% normalized return.