HSBC to relocate senior executive to Hong Kong amid pivot to Asia: sources

HSBC Holdings will relocate its group chief people and governance officer, Aileen Taylor, from London to Hong Kong later this year, as the lender doubles down on expanding its Hong Kong and Asia operations, according to sources at the bank.A source told the South China Morning Post that an internal decision to relocate Taylor to Hong Kong had already been made, as part of a push to strengthen the presence of senior executives in Hong Kong – HSBC’s biggest market and its focus of investment.After Taylor moves to Hong Kong, four of the bank’s 13 group operating committee members will be based in the city. HSBC’s co-CEOs for Asia and the Middle East, David Liao Yi-chien and Surendra Rosha, as well as Barry O’Byrne, CEO of international wealth and premier banking, are already located there.