HSBC hires recruitment firm to find top tier executive talent

Banking giant HSBC has enlisted the help of a leading recruitment firm to source top executives, according to a report by the Financial Times.

Russell Reynolds will reportedly look for gaps in the UK bank’s roster of up-and-coming executives, identifying stand-out candidates that they can transform into the leaders of tomorrow.

Bloomberg reports that, instead of looking to find a replacement for CEO Stuart Gulliver or focus on succession planning, the firm aims to ensure that the bank has enough high-level management to ensure a smooth takeover when the time comes.

“It is way too soon to be involved in Stuart Gulliver’s succession, but we would expect to be involved when that does happen,” commented Dee Symons, a member of the financial services practice at Russell Reynolds, to the Financial Times.