Finance

HSBC labels Pam Kaur as very first female CFO in the middle of significant rebuilding

.Aaron P|Bauer-Griffin|GC Pictures|Getty ImagesHSBC on Tuesday named expert insider Pam Kaur as its first women financial principal andu00c2 announced a debt consolidation of the bank right into four business units.Kaur is actually readied to say her message on Jan. 1, depending on to regulative filings with the Hong Kong bourse, u00c2 takingu00c2 over from acting Main Financial Policeman Jon Bingham. This is actually the 2nd big-time leadership shakeup for HSBCu00c2 in latest months, after previous finance boss Georges Elhedery was namedu00c2 chief executive officer ofu00c2 the group back in July.This breaking newspaper article is being updated.