Company: HBCYF
Filing Date: 2025-06-06
Form Type: 6-K
Source: 0001654954-25-006659
Chunk: 0

Company: HSBC HOLDINGS PLC
Filing Date: 2025-06-06
Form: 6-K
Chunk 0
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#### FORM 6-K

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

#### Report of Foreign Private Issuer

#### Pursuant to Rule 13a - 16 or 15d - 16 of

#### the Securities Exchange Act of 1934
<div align='center'>For the month of June</div>

#### HSBC Holdings plc
<div align='center'>42nd Floor, 8 Canada Square, London E14 5HQ, England

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F).

Form 20-F X Form 40-F</div>

6 June 2025

### HSBC HOLDINGS PLC

### GROUP CHAIR SUCCESSION
HSBC Holdings plc (the 'Company') today provides an update on the HSBC Group Chairman succession process.

Further to the Company's announcement on 1 May 2025, in which it was confirmed that Sir Mark Tucker intended to retire as Group Chairman before the end of 2025, it has now been agreed that Sir Mark will step down as HSBC Group Chairman and as a member of the Board with effect from 30 September 2025.

The Company notes the announcement by AIA Group Limited ('AIA') confirming Sir Mark's appointment as Independent Non-executive Chairman with effect from 1 October 2025.

The process to select the permanent HSBC Group Chair, led by Ann Godbehere, Senior Independent Director, is ongoing. The Company will provide further updates on this succession process in due course.

In the interim, whilst this process continues, Brendan Nelson, independent non-executive Director and Chair of the Group Audit Committee, will assume the role of Interim Group Chair upon Sir Mark's retirement from the Board, subject to regulatory approval.

As previously announced, Sir Mark will remain as a strategic adviser to the Group CEO and the Board whilst the process to identify his permanent successor continues.

Ann Godbehere commented: "On behalf of the Board and the wider HSBC Group, I wish to again reiterate our thanks to Mark for his leadership and stewardship of the Bank over the past eight years. We wish him well in his new role at AIA.

"The Nomination and Corporate Governance Committee continues to make progress on the succession process for the next HSBC Group Chair. Our focus is on securing the best candidate to lead the Board and wider Group over the next phase of our