Hong Kong-based insurer AIA Group said on Friday that it has appointed former HSBC , Chairman Mark Tucker to succeed Edmund Sze-Wing Tse, who will retire from his non-executive chair position on September 30.

HSBC Group Chairman Mark Tucker will return to Hong Kong-based insurer AIA Group as its new group board chairman. Tucker will step down from his role at HSBC and resign from the board on Sept. 30, the bank said Friday.

HSBC Holdings Plc’s Chairman Mark Tucker will leave Europe’s largest lender in September to take on a non-executive chairman role at AIA Group Ltd., marking his return to the Hong Kong-based insurer.