HSBC labels Pam Kaur as 1st female CFO in the middle of significant restructuring

.Aaron P|Bauer-Griffin|GC Graphics|Getty ImagesHSBC on Tuesday named professional insider Pam Kaur as its initial female financial chief andu00c2 revealed a consolidation of the bank right into four business units.Kaur is set to say her message on Jan. 1, according to regulative filings with the Hong Kong bourse, u00c2 takingu00c2 over from acting Chief Financial Policeman Jon Bingham. This is the 2nd heavyweight management shakeup for HSBCu00c2 in latest months, after former financial boss Georges Elhedery was namedu00c2 CEO ofu00c2 the team back in July.This breaking newspaper article is being upgraded.