David Fried to step down as HSBC global head of insurance

He will be replaced by current head of insurance in Latin America, Marcelo Teixeira.

According to a Reuters report, Fried has been chief executive of insurance since April 2010 and will retire on Oct. 1, the sources said. He has been with the bank for more than two decades and was previously head of HSBC Insurance for Asia Pacific.

HSBC, Europe's biggest bank with an increasing focus on Asia and other emerging markets, declined to comment, said the Reuters report.

View the full report here

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!