The former chief executive of HSBC, Sir Keith Whitson has accused the bank of playing with the future of the employees of the bank by looking for the new chairman externally. Sir Keith Whitson stepped down from his post in the year 2003 after serving 40 years for the bank.
He said the board members of the bank should look for the internal candidates of the bank for the chairman post as the candidates have more knowledge about the bank than any outsider.
His comments were the advice for the current chief executive of HSBC, John Thornton and the board members.
The current chairman of the bank, Stephen Green has been selected as the trade minister of UK by the government and he will join at his work before the end of this year.
Sir Keith said there was not any outsider behind the success story of HSBC. He has aid there are numbers of capable candidates in the company who can take over the chairman post from Stephen Green and the employees of HSBC also supported the statement of Sir Keith.
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