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Ex-Standard Life CEO tipped for job

Nish tipped to take top role at HSBC

David NishDavid Nish, who vacated the CEO’s office at Standard Life last year, could be in line for a big job in banking.

Douglas Flint retires as chairman of HSBC next year and his fellow Glaswegian is tipped as favourite to succeed him.

It would continue a long line of Scots at the helm of the bank, with illustrious predecessors including Thomas Sutherland, HSBC’s 19th century founder, who was an Aberdonian.

Henri de Castries, the former Axa boss who came on to the bank’s board last year, remains favourite for the chair, but he is said to be prioritising his political ambitions.

Nish, who joined the board this year, is now seen as an option. He is already a director of Vodafone, the London Stock Exchange and Zurish Insurance, and his bank balance could be swelled further with the HSBC role which carries a salary of £2.5m.

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