HSBC Holdings' high-profile Chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having presided over top management changes and navigated Sino-U.S. tensions at the Asia-focused lender.

HSBC Holdings chairman Mark Tucker will return to insurer AIA Group on October 1 and be replaced on an interim basis by veteran accountant Brendan Nelson, the two companies said on Friday. In early May,

Banking giant HSBC’s outgoing chairman Sir Mark Tucker will step down at the end of September to take up the same post at Hong Kong-based insurer AIA, the bank has announced.