The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) announced the appointment of Hitendra Dave as Chief Executive Officer of HSBC India subject to receipt of regulatory approval. He has been appointed as interim Chief Executive Officer effective June 7, 2021. Dave succeeds Surendra Rosha who will be moving to Hong Kong as the co-chief executive of HSBC Asia-Pacific.
Dave, who is formerly the head of global banking & markets of HSBC India, has almost 30 years of work experience in the Indian Financial Markets, of which the last 20 have been with HSBC. He joined HSBC India in 2001 in the Global Markets business and has risen through the ranks to his current role as head of global banking & markets business, the dominant contributor to HSBC India’s PBT over the years.
Important takeaways for all competitive exams:
- HSBC CEO: Noel Quinn.
- HSBC Headquarters: London, United Kingdom.
- HSBC Founder: Thomas Sutherland.
- HSBC Founded: 3 March 1865, Hong Kong.