Former HSBC chief Sir Keith Whitson criticised the appointment process of the bank
Former HSBC chief Sir Keith Whitson criticised the appointment process of the ba

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.

Latest News

GM recalling 193,652 SUVs from model years 2006 and 2007
Microsoft Office will take time to become available on tablets
Ofsted-style ratings for hospitals
Google to reveal some details about its high-flying balloons
Strong competition between Microsoft and Sony is good for industry: EA
Alcohol-related disease patients deserve better care
U.S. Navy ditches ALL CAPS message format
Nokia to unveil 41MP camera-equipped Lumia EOS smartphone next month
From 2016, Britain to regulate e-cigarettes as medicine
Sprint testing LTE cell sites in San Francisco
Red Hat announces two new OpenStalk-powered product offerings
Leica finally announces availability of Vario X