HSBC’s Tucker to Leave Lender in September, Return to AIA (3)

HSBC Holdings Plc’s Chairman Mark Tucker will leave Europe’s largest lender in September to take on a non-executive chairman role at AIA Group Ltd., marking his return to the Hong Kong-based insurer.

Tucker, 67, will step down after almost eight years on Sept. 30, according to an HSBC statement.The bank, which announced last month that Tucker intended to retire before the end of the year, said it will provide further updates on the ongoing search for his replacement “in due course.”

Audit committee head Brendan Nelson will assume the role of interim chairman, pending regulatory approval.

AIA said ...