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.
