Mark Tucker appointed as chairman of TheCityUk

The development assumes significance since the lobby group has been one of the main channels through the UK’s financial services firms lobbied the British government for a favorable outcome vis-a-vis Brexit.

On Monday, TheCityUk, a British financial industry lobby group, stated, it has appointed HSBC’s Chairman Mark Tucker as chairman of its board.

Tucker will be replacing his Barclays counterpart John McFarlane who will be stepping down on May 31.

The financial lobby group has been one of the main channels through which financial services firms have lobbied Britain’s government to try and get a favorable outcome for the industry from Brexit negotiations.

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