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Hitendra Dave to be CEO of HSBC India

The Hongkong and Shanghai Banking Corporation (HSBC) has appointed Hitendra Dave as Chief Executive Officer of HSBC India. He had been appointed interim CEO effective 7 June pending receipt of regulatory approval. He succeeds Surendra Rosha who is moving to Hong Kong as the Co-Chief Executive of HSBC, Asia-Pacific. Dave was Head, Global Banking & Markets at HSBC India. He has almost 30 years work experience in the Indian Financial Markets, including 20 years with HSBC. India is the third-largest contributor to HSBC’s group profits with Hong Kong and Mainland China being the top 2 contributors.

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