The Hong Kong and Shanghai Banking Corporation (HSBC) today announced the appointment of Surendra Rosha as Chief Executive Officer for HSBC India, subject to regulatory approvals.
Surendra is currently Managing Director of HSBC’s Financial Institutions Group (FIG) for Asia-Pacific and he will succeed Jayant Rikhye, who is taking a leave of absence for medical reasons, a company statement said.
He joined HSBC’s Indian operations in 1991 and has over 27 years of experience in financial services. He has worked in multiple roles in forex trading, corporate treasury sales, treasury and capital markets across a variety of countries.
“His 27 years of experience in financial services makes him ideally suited to leading our bank in India and driving forward our strategy in one of HSBC’s key markets,” said Peter Wong, Deputy Chairman and Chief Executive of The Hongkong and Shanghai Banking Corporation.
Surendra holds a bachelor’s degree in commerce from Bombay University and a Master’s Degree in Business from the Indian Institute of Management, Ahmedabad.
HSBC is one of the world’s leading banking and financial services organizations, serves around 38 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Its network covers 67 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.