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Rajnish Kumar appointed as independent director of HSBC Asia

Sumit Arora Published On August 31st, 2021 Leave a comment

The former State Bank of India (SBI) chairman, Rajnish Kumar has been appointed as an independent director of the Hongkong and Shanghai Banking Corporation (HSBC) Asia entity on August 30, 2021. He has also been appointed as a member of the Audit Committee and Risk Committee of the company.

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Mr Rajnish Kumar retired as SBI Chairman in October 2020 after a 40-year career at the SBI. His international tenure included stints at SBI’s UK and Canada operations. Kumar is also currently a director of India’s Lighthouse Communities Foundation, an independent director of Larsen & Toubro Infotech, a senior advisor of Baring Private Equity Asia Pte. Ltd in Singapore and an advisor of Kotak Investment Advisors Ltd in Mumbai.

Important takeaways for all competitive exams:

HSBC CEO: Peter Wong;
HSBC Founder: Thomas Sutherland;
HSBC Founded: March 1865.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.