Mark Tucker will lead the board of the $90 bln Hong Kong insurer he once ran. That may seem like a backward step. But it's an appealing role for someone with so much China experience. And his willingness to shake things up,

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.

AIA Group has announced that Edmund Sze-Wing Tse, independent non-executive chairman and independent non-executive director, will retire, effective September 30.