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LONDON, Feb 22 (Reuters) - HSBC on Monday
reshuffled several of its top regional executive roles, as it
prepares to announce full year results and an updated strategy
the next day.
The bank appointed Nuno Matos as chief executive of its
wealth and personal banking business, while chief compliance
officer Colin Bell became head of HSBC's European business.
Michael Roberts was appointed CEO for the United States and
Americas, while Stephen Moss will move to Dubai as head of the
Middle East, North Africa and Turkey business, the bank said.
The bank also said it is expanding the remit of Chief
Financial Officer Ewen Stevenson, who will now also run the
bank's transformation programme and its mergers and acquisitions
plans.
The reshuffle by CEO Noel Quinn comes as HSBC prepares to
unveil its latest strategy on Tuesday, alongside an expected
plunge in annual profits reflecting the impact of the COVID-19
pandemic.
In moving Stephen Moss to Dubai HSBC said it is expanding
its strategic ambitions in the Middle East, suggesting the
region will be a big part of the new strategy alongside an
existing plan to 'pivot' more to Asia.
(Reporting By Lawrence White, editing by Iain Withers and Jason
Neely)