HSBC says former Diageo chief Walsh to leave its board

LONDON, April 21 (Reuters) - HSBC said Paul Walsh,

the former chief executive of drinks maker Diageo, is to

step down from its board with immediate effect in order to focus

on his other commitments.

Walsh only joined the bank's board on Jan. 1, 2016, and has

a raft of other duties including the chairmanships of catering

firm Compass Group and satellite data provider Avanti

Communications Group as well as board positions at RM2

International and New York-listed FedEx Corporation.

HSBC said on Friday Walsh will not stand for reelection to

its board at the bank's annual general shareholder meeting in

London on April 28.

HSBC last month named AIA Group boss Mark Tucker

as the new chairman of its board, replacing the veteran Douglas


(Reporting By Lawrence White; Editing by Toby Davis)