Exclusive-HSBC global insurance business head Moncreiffe to leave, sources say

HONG KONG, Aug 12 : HSBC's global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, according to two people with direct knowledge of the matter.Moncreiffe, who took over the role at the Asia-focussed lender in 2024, will leave soon for external opportunities, the sources said, speaking on condition of anonymity because the matter has not yet been publicly disclosed.A Hong Kong-based spokesperson for HSBC declined to comment. Moncreiffe, whose impending departure from HSBC has not been reported previously, did not immediately respond to Reuters request for comment.