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HSBC promotes Hitendra Dave

HSBC has appointed Hitendra Dave as the head of Global Banking and Markets for India. He will report to Stuart P Milne, group general manager & CEO, India and Gordon French, group general manager & head of Global Banking & Markets, Asia-Pacific. With this appointment, Dave’s responsibilities have been widened and will now include corporate banking, capital financing, and financial institutions. Till now, he was the head of Global Markets for HSBC India. Sridhar Narayan takes over from Dave as the head of Global Markets in India. HSBC has also appointed Sunil Sanghai as vice chairman and head of Investment Banking. He will continue to report to Stuart P Milne.

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