HSBC Appoints New CEO For Middle East Region

Global banker HSBC has appointed Martin Tricaud as its new CEO for the Middle East, North Africa and Turkey (MENAT) region.

Tricaud, who will take up the position in June this year, succeeds Georges Elhedery, who was recently appointed to lead HSBC’s Global Markets division.

The new Middle East head will also be deputy chairman of HSBC Bank Middle East Limited.

HSBC said Dubai-based Tricaud will “lead HSBC’s next period of growth in MENAT, a region that is home to some of the world’s most ambitious economic transformation programmes, fast-growing capital markets, dynamic international trade hubs and vibrant, tech-savvy consumer sectors, and two of what HSBC describes as its ‘scale markets’ – the eight locations worldwide that drive around 60% of group revenues”.

Tricaud will arrive in Dubai from Sydney, where is has been CEO of HSBC Australia since March 2017. Prior to that he was president and chief executive of HSBC Korea.