HSBC Asset Management's UK CEO Stuart White leaving company

LONDON (Reuters) - HSBC Asset Management's UK CEO Stuart White is leaving the company after more than 14 years at the banking giant, which had started a search for his replacement, a spokesperson told Reuters.

"We can confirm that Stuart White is leaving HSBC Asset Management. We will conduct a search for his replacement," a spokesperson said, adding that he was leaving to pursue other opportunities outside the group.

White led HSBC Asset Management's $200 billion UK arm and was also a board director and member of the fund arm's global management committee, according to his LinkedIn profile, which says he remains a non-executive board director at the National Employment Savings Trust.

(Reporting by Sinead Cruise and Iain Withers; Editing by Tomasz Janowski)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Philippines begins identifying victims from ferry fire as dozens still missing
• Explosion hits another weapons site in Bulgaria
• King Oyo, once world's youngest monarch, to be buried in western Uganda