Mumbai Oct 23 (IANS) Hongkong and Shanghai Banking Corp (HSBC) on Monday announced the appointment of Jayant Rikhye as the Chief Executive Officer of HSBC India with effect from December 1 subject to regulatory approvals.
According to the company in his new role Rikhye will lead HSBC s next phase of growth in the country where he first joined the group in 1989.
"A HSBC Group General Manager Rikhye is currently Head of International Asia-Pacific responsible for 11 markets in the region. He is also Head of Strategy and Planning Asia-Pacific " the company said in a statement.
Rikhye succeeds Stuart Milne who is also a Group General Manager after five years in the role.
"Milne will take a three-month sabbatical from the beginning of January 2018 and his next role at HSBC will be announced in due course " the statement said.
In his career with HSBC Rikhye has worked in a number of countries and territories in a variety of functions including Corporate Banking in Taiwan Institutional Fund Services in Hong Kong and Head of Securities Services for the Middle East and North Africa.
--IANS
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