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

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,