HSBC has appointed Nuno Matos as chief executive of wealth and personal banking (WPB), subject to regulatory approval.

Based in the UK, he will report to Noel Quinn, group chief executive, and join the group executive committee.

Currently chief executive of HSBC Bank plc, the UK non-ring-fenced bank, and chief executive of HSBC Europe, Mr Matos replaces Charlie Nunn.

Mr Nunn is leaving the firm to become group chief executive and executive director at Lloyds Banking Group.

He joined HSBC in 2011 and has held a range of leadership positions since. These include: global chief operating officer of retai...