HSBC has begun the search for a new finance chief following Pam Kaur's announcement that she intends to stand down from her role next year. Kaur informed the bank's board of her decision, though the exact date of her departure has not yet been confirmed. The process to identify her successor is now underway as the bank prepares for the leadership transition.

Kaur has served as HSBC's finance chief, overseeing key financial operations and strategy during her tenure. The bank emphasized its commitment to ensuring a smooth handover and maintaining stability in its financial management. No internal or external candidates have been named publicly at this stage.

The search will likely consider both internal talent and external candidates with strong financial and banking backgrounds. HSBC's board is expected to lead the selection process with input from senior executives. The move comes amid ongoing efforts to strengthen leadership continuity across the organization.