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Ex-chancellor contender to be HSBC chair, reports say

The Independent

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November 17, 2025

Former chancellor George Osborne is in the running to become the next chair of HSBC, according to numerous reports.

- NICOLE WOOTTON-CANE

Ex-chancellor contender to be HSBC chair, reports say

Multiple sources told Sky News the ex-politician, who served as chancellor under David Cameron between 2010 and 2016, is one of three remaining candidates to take over as chair from Sir Mark Tucker. The outlet reported Mr Osborne had been approached over the job during the summer amid a long-running hunt for Sir Mark’s successor. The bank refused to confirm or deny the reports when approached for comment by The Independent.

HSBC Holdings is the second-largest FTSE-100 company, with a market capitalisation of almost £190bn, making its chairmanship one of Britain’s top corporate jobs.

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