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BRIEF-HSBC Search For New CEO Could Take 6 To 12 Months- Chairman

Aug 5 (Reuters) - 0005.HK:

* HSBC SEARCH FOR NEW CHIEF EXECUTIVE HAS 'NO FIXED TIMELINE' BUT COULD TAKE 6 TO 12 MONTHS- CHAIRMAN

* CHANGE IN HSBC CEO NEEDED TO ACCELERATE PROGRESS IN HIGH LEVEL STRATEGIC PRIORITIES SUCH AS U.S. TURNAROUND- CHAIRMAN Source text for Eikon: Further company coverage: (Reporting by Lawrence White)